Bitcoin Big Hit with Developers: Predicting the future with Github | Hacker News Reader

Bitcoin Big Hit with Developers: Predicting the future with Github

blog.bitcoinpulse.com

38 pointsflavio879 comments

Github repositories and activity around them are more of a trend following phenomenon rather than future predictor.

Bitcoin by itself got all it's buzz first and the rest followed, including developer's activity.

PS: I personally own bitcoin repo on Github as well as on Wordpress.org plugin repository.

"We believe that hackers are building the future. They are the ones that are building new technology everyday."

Nice trending finding. When people are talking about bitcoin, very often they are focusing on the currency value. They sometimes forget that it is also an open platform. An open platform that brings financial transaction into hands of millions of developers. Making future more interesting. :)

Personally, I am downright shocked that Bitcoin is outpacing PayPal, which is a product that has more or less achieved market saturation.

According to their metrics, Bitcoin isn't just ahead in growth rate, it's ahead in the raw number of repositories. That is shocking to me.

Paypal has a higher barrier to entry and not that interesting to tinker with. It's boring. Bitcoin is cool and new and every teenager can play with it without asking his mom or dad for a bank account. When the web was growing 15 years ago, many teenagers were "web designers" and not really looking into J2EE.

I'm curious how Square would look on this graph, though it would probably be an inflated number because they've released a lot of non-Square-API libraries/tools.

be careful though. the graph shows:

"In the 30 days from November 15th to December 15th, Paypal grew by 4.4%, Stripe by 6.3% and Bitcoin by 17.8%"

I.e. it's trending faster at the moment. It might be 1% of paypal-related repos.

I like the trend dashboard you guys put together.

Interesting article, well done!

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