in

Crypto Researcher: Bitcoin Interest On Twitter Drops, Very Bearish



Although many compare crypto and blockchain to the early stages of the Dotcom Bubble, some believe that it is much more than that. This simple belief that cryptocurrencies, like Bitcoin, are paradigm-shifting has led industry insiders to enlist the use of exotic, yet often eerily accurate indicators to forecast what’s to come for this budding space. On Sunday, this theme was only cemented, as a leading researcher employed social media statistics to convey a prediction.

Related Reading: Research Shows BTC Price Linked to Public Sentiment on Social Media

Bitcoin Related Tweets Waning

The Bitcoin community is no stranger to Twitter, Reddit, and other social media outlets. In fact, since the cryptocurrency came into being, the hundreds of thousands of enthusiasts that have grown a connection to the innovation have coalesced on Twitter, forming what is now affectionately known as “Crypto Twitter.”

Many argue that crypto’s seeming enamorment with digital social engagement, whether…





Read Full Story : NewsBTC

2019-02-04 15:30:39

What do you think?

0 points
Upvote Downvote

Venezuela’s Crypto Exchanges, Miners Must Register Under New Rules

Litecoin [LTC] Price Analysis: Joy for the market as bulls seize bear’s kingdom