Topic: Bitcoin is 2.5x more popular than DJIA (world’s strongest financial market) (Read 319 times)

Bitcoin will always be in the first positions and it will be constantly. That comparisons are made, eo is unambiguously only a plus to bitcoin.

Bitcoin is a very entertaining investment tool. Very popular periods going on. Making money with Bitcoin is great fun. What about losing. The same doesn't apply to losers. The fact that the market is very popular means nothing. Classical stock exchanges have limits to prevent losses. Perhaps they should be applied to the blockchain economy.

not really different at all because both btc and djia are still related to money or finance/financial  . its nice to know that btc catch up and now became more popular than djia  . if the good performance of btc continue's it might also surpass the popularity of other financial brands   .

so true   . when it comes to potential  , btc got lots of it   . btc still have more to prove and people didnt show it yet  , that is why they are verry obssed with it until now  .

What we should focus on is that mainstream media only cares about one thing; their wealthy rich bosses. Right now there are things that would get them tons of clicks and tons of money but they refuse to acknowledge it (like for example FOX not airing DNC properly) and at the same time that would make them money so why do they not publish it? Because, their boss doesn't want them to, they have enough money, they can survive without airing crypto if they didn't want to.

It means if they are airing it and showcasing it and talking about it, that means their wealthy boss also likes bitcoin as well, those whales that make huge moves in bitcoin could be from the mainstream media, I am not saying it is, but that could be one of the reasons why we are getting so much attention.

This is great because even they are completely different thing, it is still a good news to see that bitcoin is more popular than the other. It shows that the people are more curious in bitcoin rather than settling in to the traditional type of index. Bitcoin has a lot of potential and that is why people are looking into it because of the potential that they can maximize.

if it is only counted from the number of comments, it doesn't mean that bitcoin is always talked about and has enthusiasm there, there could be a lot of FUDs in that comment so that it is full, we know that FUD bitcoin is not small, bitcoin has many comments not because it's popular from DJIA but too many FUDs inside

because everyone knows that crypto currency is already known to many people and they put it on the front page of their site, so there is no problem with that

Well, the comment section can be Sybil-ed, and it cannot represent a whole population. However, let's say the data is legit, then it's an indication that BTC is more popular than DJIA on the internet. But, what is popular on the internet not necessarily popular in the real world.

One of the main reasons why bitcoin and DIJA have such a huge difference is that people don't talk directly about DIJA that much, they talk about the stocks they talk about commodities whatever they talk about that is directly investing but they don't talk about DIJA directly.

In order to compare apples and apples we might take a look at "crypto currencies" instead of bitcoin itself because lets face it there has been more interest towards bitcoin than any other crypto and there is even less interest to talk about crypto currencies in general. So, I would say this is not a proper comparison since Dow Jones is not really something that is talked about by people that much, things inside Dow Jones is the things people talk about all the time and a whole sector works around it.

Every financial sites are talking about it we can’t deny its popularity, where money is flowing expect investors will always keep an eye on it. If that so this free advertisement will likely attract institutional investors to get involve in this industry.

Man, it is the trend today. Have you not observed?

Bitcoin is the talk of the town. Is it not in yours?

Bitcoin is the word of the day, no not just that, it is the word of the decade and possibly of the century. That is why these mainstream financial sites are putting it all on its front pages. They want to attract clients and believe it or not Bitcoin is some kind of a spell and I guess it is effective.

I won't gauge success on internet comments and such since that can easily be spammed over and over again without discussing actual substance pertaining to the market. Just look at our very own Wall Observer thread in the Speculation sub-forum wherein people constantly comment regarding almost anything without really tackling about the issue at hand.

A highly regulated index wherein people are most likely just trading and doing the actual market-related stuff cannot be compared with a loosely-regulated market wherein the majority of traders are youngsters who are accustomed to chat at almost anyone about anything in a spontaneous manner.

More popular on an internet chat room, sure. That's probably because Bitcoin investors tend to be younger and more computer/internet savvy. And also because a lot of people who are passively invested in the stock market (for instance, through retirement accounts) don't talk about it.

It isn't a reflection of actual capital invested (or to be invested) into Bitcoin.

That’s right we usually use price to rank how valuable the item is, and it baffles me too when bitcoin surge to 20,000 ATH by the time DJIA was still trading below 20,000, which is MASSIVE in my opinion, but it didn’t mean much by now. The comment section is yet another item that baffles me, I couldn’t believe it basically just grow so much and fast too. That’s true bitcoin has no place to compare to DJIA which the entire market is worth 250 trillions USD, bitcoin didn’t even account for 1% of that size of wealth. The same goes for gold market which is roughly 8 trillions dollar. Well if I was to come to conclusion, the markets always confuse me with all the random numbers flashing on the screen, deception at it’s best.



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That’s right, most professionals have way more sophisticated tools for data mining at their disposal, and they have a team of hardworking programmers ready to deploy everything to its fullest like in the movie “The Great Short”, they probably won’t fancy with primitive sites like that, btw those aren’t something that we can gain access so easily too, the entire financial markets are always running in full secrecy, no info could get leaked from their sight. That’s not all, they also control nearly the entire wealth of the world under their fingertips, they may be famous by having the most wealth per individual, but they’re not having the most popular vote by approval (most comments), if an asset is highly discussed among users on a particular forum, does it automatically depict it is highly popular? Well I believe there must have a metric to determine it, count of comments certainly have its plus, after all nobody would have at their right mind waste their valuable time to create all the productive comments all over the forum, they could be spambot, but it would likely get filtered quickly too, so anybody want to waste their time again to maintain a spambot that can be anti spam proof?
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There is nothing complicated, the data is very straightforward, visit the investing.com, navigate to the DJIA forum, and scroll down to the comment section, and you get the number of comments in real time, and do the same with bitcoin too. That would be the only site that any layman can do easily, of course it doesn’t require any technical skills and involving hijacking some unclassified documents or even to the sort of wiki leaks decrypting the govt secret.

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Hey, I'm glad that the MSM is covering bitcoin and other coins like ETH.  I don't watch a lot of news, but I've seen crypto reporting on Youtube videos, clips of MSNBC and Bloomberg and the like.  I think that's a very positive thing.