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The only time HN is this interested in Bitcoin is when there's a bubble (2017)

incoherency.co.uk

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Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#12

BTC is still in a bubble and there is not much news about it :)

BTC is Bhutanease Currency. Do you mean XBT?

BTN is the ISO 4217 code for the Bhutan Ngultrum, which is a currency I hadn't heard of until today

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#13
post #7

Yeah, Bitcoin was in a big bubble in 2017. If you were dumb enough to buy BTC then, today your portfolio would be a devastating +400%.

Only if you'd held on to it while it went from 17k to 3k a month later, and the many ups and downs since. That's not necessarily a sound investment strategy without hindsight

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#14

People are generally not interested in discussing assets in depth. Or any other topic for that matter. It would be so awesome to have a forum where intelligent, grown up people discuss the possible futures of Bitcoin. Or any other asset. But I have not found one yet. If anybody knows some place, please please post a link!

Honestly LLMs are the best bet for intellectual discussion of obscure topics with a specific tone.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#15

I remember when bitcoin post appeared first on HN. It was trending and lot of people were curious about technical details and people joking about viability as currency. I even started mining for a brief time on work desktop which I had to uninstall immediately of course.

Yeah I remember the white paper being posted in 2009, took another 2 years before I got into bitcoin.

The reason I know bitcoin has hit the mainstream and isn't going anywhere is in sort due to HN. This bubble has spurred zero posts as far as I can tell, or zero that gained any traction.

In part this is because there is nothing new to discuss. But in the past there was nothing new either, but it gained traction because of the numbers of comments.

Now I guess the naysayers have moved on the criticism of AI and the defenders don't feel like it needs defending anymore.

Welcome to the new asset class.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#16
Of all the things, people calling Bitcoin a bubble would have to be the most reasonable in hindsight of any group who got a prediction wrong. It is hard to argue with the reasoning and the observations. Goes to show, the economy is a funny thing.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#17

People are generally not interested in discussing assets in depth. Or any other topic for that matter. It would be so awesome to have a forum where intelligent, grown up people discuss the possible futures of Bitcoin. Or any other asset. But I have not found one yet. If anybody knows some place, please please post a link!

We had that, it was bitcointalk, between 2011 and 2016 it was a great place to do business, meet other people interested in bitcoin and to make and create new things.

Then it slowly drifted into scammers and low quality begging posts.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#18

People are generally not interested in discussing assets in depth. Or any other topic for that matter. It would be so awesome to have a forum where intelligent, grown up people discuss the possible futures of Bitcoin. Or any other asset. But I have not found one yet. If anybody knows some place, please please post a link!

Honestly LLMs are the best bet for intellectual discussion of obscure topics with a specific tone.

Honestly, no. When people seek for forums to connect with other humans, LLMs aren't a good alternative for that. And I say that as someone who generally find LLMs useful, I'm not a "AI is impeding doom" person, but their use shouldn't replace the human connection and human conversations.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#19

I remember when bitcoin post appeared first on HN. It was trending and lot of people were curious about technical details and people joking about viability as currency. I even started mining for a brief time on work desktop which I had to uninstall immediately of course.

Yeah I remember the white paper being posted in 2009, took another 2 years before I got into bitcoin. The reason I know bitcoin has hit the mainstream and isn't going anywhere is in sort due to HN. This bubble has spurred zero posts as far as I can tell, or zero that gained any traction. In part this is because there is nothing new to discuss. But in the past there was nothing new either, but it gained traction becau…

> This bubble has spurred zero posts as far as I can tell, or zero that gained any traction.

... Did you look? Quick search turns up a bunch of stories that were on the frontpage: https://hn.algolia.com/?dateRange=pastYear&page=0&prefix=fal...

> But in the past there was nothing new either, but it gained traction because of the numbers of comments.

That's the opposite of how things are ranked on HN. Submissions with more comments than votes are being pushed down the frontpage, not up.

Re: The only time HN is this interested in Bitcoin is when there's a bubble (2017)

#20

BTC is still in a bubble and there is not much news about it :)

For how long does a "bubble" need to be in "the bubble" for it to not be considered a "bubble" anymore? I'm guessing there is a time limit involved here somewhere?
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