Social media interest in Bitcoin hits all-time high
As Bitcoin's price soars, the cryptocurrency has broken several key Twitter metrics Twitter analytics data indicates that as Bitcoin continues to post all-time highs well into the $30,000s, social media interest in the digital currency is likewise setting new records across numerous key metrics. In a tweet Saturday night, the official handle for The TIE, a cryptocurrency data firm, showed that the number of unique Twitter handles tweeting about Bitcoin has hit a new all-time high, eclipsing a 64,000 mark last seen during the peak of the 2017 bull run: The number of unique Twitter accounts....
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I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
Facebook, MySpace and Twitter took the web by storm in the 2000s, enabling a wave of communication never before possible on the Internet. The appeal of social media didn't transition from tech-savvy high schoolers to the mass market overnight, however. It took time for the industry to build the necessary infrastructure to properly scale for mainstream use. Because of its status as new and disruptive technology, there are some who see the parallels between the social media industry and the bitcoin industry. Sean Percival, who was involved in the early stages of social media as the vice....
Social media is a new type of technology that revolutionizes our everyday lives. Whether we want to stay in touch with friends or families, read the latest news, or simply share what we love and do with the world, social media is there to help. And even though there are some privacy concerns regarding social media, most people still use this centralized type of service for lots of reasons. Also read: Twitter Wants Your Date of Birth For Targeted Ads, Time For Decentralized Social Networks? Regardless of how you view social media, there is no denying that consumers have willingly given up a....
Data shows users on social media platforms have been calling to sell Bitcoin after its latest crash, a signal that contrarian traders may be waiting for. Bitcoin Sentiment On Social Media Has Turned Quite Bearish According to data from the analytics firm Santiment, social media is showing historic levels of FUD amid the market drawdown. The indicator of interest here is the “Social Volume,” which basically tells us about the degree of discussion around a given topic or term that users on the major social media platforms are currently participating in. This metric works by going....