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Topic: monitoring social trends related to bitcoin is reliable? - page 2. (Read 173 times)

legendary
Activity: 2006
Merit: 1028
Fill Your Barrel with Bitcoins!
The actual price varies according to many different factors, some built into the Bitcoin code itself. These 4 year bull/bear cycles are nothing new.

You've got bitcoin halving, companies acquiring and holding cryptos, alt coins, economies, etc all affecting price. Long term up yes, but in between can be wild.
hero member
Activity: 1764
Merit: 696
[Nope]No hype delivers more than hope
Social trends simply summarize the statistics of something that is talked about a lot. It's not just about price increases, sometimes there are incidents happening around the world that are linked to other things (using tags) that actually have no effect or affected. You also have to be more careful with new coins, their social trend is just a pump and dump scheme.

Market trends are different from social trends, their statistics are generated using a different approach.
legendary
Activity: 3374
Merit: 3095
BTC price road to $80k
Are you trying to promote a website that is not well-known?

Those data might be fake and if you own this website you must post this in a service announcement or project development.

Code:
Domain:coindatatrend.com
Registrar:IONOS SE
Registered On:2022-01-07
Expires On:2023-01-07
Updated On:2022-01-07

2days old.
newbie
Activity: 6
Merit: 0
if you check bitcoin trends on www.coindatatrend.com seems it is gaining but the price is decreasing.
How is it possible?
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