2 years ago people didn't know much about bitcoin and at that time there were more bounty projects. Most projects require the hashtag #bitcoin #ethereum or #cryptocinent ... and hunters also make the hashtag #Bitcoin as well as bitcoin and crypto-related discussions bubbly. than.
We have too many Bitcoin-related topics and Bitcoin knowledge and posts are saturated. Few people will talk about them because they exist. Most people already know about Bitcoin.
Topic: BTC Twitter Mentions Dropped To 2 Year Low - page 2. (Read 230 times)
for security of twitter that he needs to minimize of promoting in bitcoin because twitter need to be aware for twitting or promoting project that they do not know how to share the project if youve already scam
3-4 years ago the forum was full of those looking for new followers for their Twitter, and there were a lot of Twitter campaigns on the forum that paid quite solid amounts (about a little less than 0.01 BTC) per week for fairly simple tasks. Back then, it was important to have Twitter and as many followers as possible, but it all started to melt after the 2017 ATH and after it became clear that the ICO was nothing more than a bunch of scams.
It is now more than clear that another story (DeFi) is being sold, and that BTC is being mentioned less and less. But it is not the case that interest in BTC has fallen only on Twitter, I think that even on this forum it is evident that a stable price does not cause much interest. But that just shows that most haven’t learned anything in the past 3-4 years.
It is now more than clear that another story (DeFi) is being sold, and that BTC is being mentioned less and less. But it is not the case that interest in BTC has fallen only on Twitter, I think that even on this forum it is evident that a stable price does not cause much interest. But that just shows that most haven’t learned anything in the past 3-4 years.
I don’t think bitcoin's success or lack of it depends much on Twitter users. Most people who spend all their time on social media are broke so wouldn’t add much.
We’re aiming for mainstream adoption but losing mentions on Twitter isn’t going to be harmful.
We’re aiming for mainstream adoption but losing mentions on Twitter isn’t going to be harmful.
Good. Less rubbish to wade through, though it seems like all that nonsense's actually flowed out to Ethereum and whatever else people are defi-raving about now.
I'm so worried. Twitter doesn't love Bitcoin anymore. How am I going to wrap all my Bitcoin in fancy tokens now so I can hop on the Defi train?
I'm so worried. Twitter doesn't love Bitcoin anymore. How am I going to wrap all my Bitcoin in fancy tokens now so I can hop on the Defi train?
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A simple explanation or one of the reasons can be- back in the day a lot of ICO projects or airdrop used to use #BTC and/or #Bitcoin in their post to get more reach out which now has been decreased as people don't give a shit to such spammy post.
This is an explanation that applies. Another is also (my observation) that there are much less Bitcoin and crypto related tweets shared/retweeted, also because there are only a few Twitter bounty campaigns as there used to be. These alone have artificially inflated the number of mentions at the peak of ICO hype.
But this doesn't have to be a bad sign overall, which also shows the stability of the Bitcoin price. Bitcoin is bought today by professional investors much more than two or three years ago. And these do not talk about such investments and certainly not at a medium like Twitter.
If the article writer was right, I'm really not surprised due to the huge hype around this "defi" thing. Funny thing is, it ain't even new! The Ethereum people on Twitter just simply made up a new hype phrase for their token ecosystem.
Researchers from the Santiment team recorded a weakening of interest among Twitter users in bitcoin. The number of posts mentioning the largest cryptocurrency fell to a two-year low.
This trend is a direct result of the recent drop in the value of BTC, analysts say. Recall that in September Bitcoin could not gain a foothold above $ 12,000 and fell in price to $ 10,000.
At this level, the support grew every time. Traders are clearly not interested in a more significant weakening of the bitcoin rate.
According to the co-founder and CEO of Gemini exchange Tyler Winklevoss, the $ 10,000 mark is essential for BTC. It is from this level that a new breakout is expected to start.
The Santiment review says that typically, a drop in interest from Twitter users in Bitcoin precedes a sharp increase in volatility in the crypto market.
This is the trend that was observed before the March fall in BTC ("Black Thursday"). Then, on the contrary, positive sentiment dominated among Twitter users. However, instead of growth, the market crashed.
https://cryptocurrency.tech/kolichestvo-upominanij-btc-v-tvittere-upalo-do-dvuhletnego-minimuma-stoit-zhdat-rosta-tseny/
Translated from Russian
This trend is a direct result of the recent drop in the value of BTC, analysts say. Recall that in September Bitcoin could not gain a foothold above $ 12,000 and fell in price to $ 10,000.
At this level, the support grew every time. Traders are clearly not interested in a more significant weakening of the bitcoin rate.
According to the co-founder and CEO of Gemini exchange Tyler Winklevoss, the $ 10,000 mark is essential for BTC. It is from this level that a new breakout is expected to start.
The Santiment review says that typically, a drop in interest from Twitter users in Bitcoin precedes a sharp increase in volatility in the crypto market.
This is the trend that was observed before the March fall in BTC ("Black Thursday"). Then, on the contrary, positive sentiment dominated among Twitter users. However, instead of growth, the market crashed.
https://cryptocurrency.tech/kolichestvo-upominanij-btc-v-tvittere-upalo-do-dvuhletnego-minimuma-stoit-zhdat-rosta-tseny/
Translated from Russian
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