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Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Why are we bleeding nodes?
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--001a11362fb075b6ac04f6745c18
Content-Type: text/plain; charset=UTF-8

>
> 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.

--001a11362fb075b6ac04f6745c18
Content-Type: text/html; charset=UTF-8
Content-Transfer-Encoding: quoted-printable

<div dir=3D"ltr"><div class=3D"gmail_extra"><div class=3D"gmail_quote"><blo=
ckquote class=3D"gmail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-left=
-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;paddi=
ng-left:1ex">
My guess is that a large number of users have lost interest after they<br>
lost their money in MtGox. The 24th of February coincides with the<br>
&quot;final&quot; shutdown</blockquote><div><br></div><div>Sigh. It would n=
ot be surprising if MtGox has indeed dealt the community a critical blow in=
 this regard. TX traffic is down since then too:</div><div><br></div><div>
<a href=3D"https://blockchain.info/charts/n-transactions-excluding-popular?=
timespan=3D60days&amp;showDataPoints=3Dfalse&amp;daysAverageString=3D1&amp;=
show_header=3Dtrue&amp;scale=3D0&amp;address=3D">https://blockchain.info/ch=
arts/n-transactions-excluding-popular?timespan=3D60days&amp;showDataPoints=
=3Dfalse&amp;daysAverageString=3D1&amp;show_header=3Dtrue&amp;scale=3D0&amp=
;address=3D</a></div>
<div><br></div><div>Judging from comments and the leaked user db, it seems =
a lot of well known people lost money there =C2=A0 (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&#39;t seem to=
 be ready to be their own bank, yet still want to own some on the assumptio=
n everyone else either is or soon will be. So it&#39;s really only a matter=
 of time until something goes wrong with some large bitbank again, either B=
itstamp or Coinbase.</div>
<div><br></div><div>Some days I wonder if Bitcoin will be killed off by peo=
ple who just refuse to use it properly before it ever gets a chance to shin=
e. The general public doesn&#39;t distinguish between &quot;Bitcoin users&q=
uot; who deposit with a third party and the real Bitcoin users who don&#39;=
t.</div>
</div></div></div>

--001a11362fb075b6ac04f6745c18--