Post
Topic
Board Bitcoin Discussion
Re: Are People Losing Interest with Bitcoin?
by
KnightElite
on 01/11/2019, 12:07:49 UTC


There seems to be a trend not yet recognized by many experts and that is the withering interest of the people on Bitcoin, especially if we compare today with the days of 2017 and early months of 2018. Of course, we could not expect that people will always like, search and talk about Bitcoin for years. There will always be a plateau and a possible downtrend, sometime somehow.

Is this something we have to accept or should we do something about this?

The trends come and go, that's their life story and the same is happening with bitcoin. People used to search a lot about bitcoin back in December 2017 when it's price peaked as shown by Google trends but that too went down a few months later. The trend of people searching about bitcoin increases with the increasing price of bitcoin and also decreases with decreasing price of bitcoin as per my theory.
They lose interest because the price of the bitcoin is now cheap. Back in 2017, all over the news there is a word "bitcoin" at that time the market is still bullish and the price of the bitcoin is expensive because it almost hit the price $20,000 per each.