📅 Original date posted:2014-04-07
📝 Original message:>
> My guess is that a large number of users have lost interest after they
> lost their money in MtGox. The 24th of February coincides with the
> "final" shutdown
Sigh. It would not be surprising if MtGox has indeed dealt the community a
critical blow in this regard. TX traffic is down since then too:
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
Judging from comments and the leaked user db, it seems a lot of well known
people lost money there (not me fortunately). I wish I could say people
have learned but from the size of the deposit base at Bitstamp they clearly
have not. A lot of Bitcoin users don't seem to be ready to be their own
bank, yet still want to own some on the assumption everyone else either is
or soon will be. So it's really only a matter of time until something goes
wrong with some large bitbank again, either Bitstamp or Coinbase.
Some days I wonder if Bitcoin will be killed off by people who just refuse
to use it properly before it ever gets a chance to shine. The general
public doesn't distinguish between "Bitcoin users" who deposit with a third
party and the real Bitcoin users who don't.
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Mike Hearn [ARCHIVE] /
npub17t…4qgyd
2023-06-07 15:17:33
in reply to nevent1q…6x2m
Author Public Key
npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgydPublished at
2023-06-07 15:17:33Event JSON
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"content": "📅 Original date posted:2014-04-07\n📝 Original message:\u003e\n\u003e My guess is that a large number of users have lost interest after they\n\u003e lost their money in MtGox. The 24th of February coincides with the\n\u003e \"final\" shutdown\n\n\nSigh. It would not be surprising if MtGox has indeed dealt the community a\ncritical blow in this regard. TX traffic is down since then too:\n\nhttps://blockchain.info/charts/n-transactions-excluding-popular?timespan=60days\u0026showDataPoints=false\u0026daysAverageString=1\u0026show_header=true\u0026scale=0\u0026address=\n\nJudging from comments and the leaked user db, it seems a lot of well known\npeople lost money there (not me fortunately). I wish I could say people\nhave learned but from the size of the deposit base at Bitstamp they clearly\nhave not. A lot of Bitcoin users don't seem to be ready to be their own\nbank, yet still want to own some on the assumption everyone else either is\nor soon will be. So it's really only a matter of time until something goes\nwrong with some large bitbank again, either Bitstamp or Coinbase.\n\nSome days I wonder if Bitcoin will be killed off by people who just refuse\nto use it properly before it ever gets a chance to shine. The general\npublic doesn't distinguish between \"Bitcoin users\" who deposit with a third\nparty and the real Bitcoin users who don't.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20140407/a7331cc1/attachment.html\u003e",
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