Bitcoin isn't discussed as much on Twitter as those altcoins who have gangs bumping up the posts and retweeting them all over. I see Bitcoin more as a pure cryptocurrency, like the King of this new industry. Even back in the old times when alt season was a thing, the whole CT was exploding with tweets about "moon shots". Well, now that's not the case anymore isn't it?...
We have transitioned to another phase where only legitimate, valuable cryptos will succeed and not any useless piece of token.
Haha Yes I think the dusts regarding #BTC to moon might have settle why people have accepted it in their daily routine and thereby not creating much hypes regarding it everyday.
I don't know this chart is how much realistic. Bitcoin popularity declining in twitter for the bearish market i think. Because in the red market there are no good projects coming and hunters didn’t participating in bounty campaign even a lot of hunters leaving from the bounty job. Actually that's why from the long distance created and they aren’t making tweet. I hope this twitter statices will be grow when crypto market going pump.
Actually if they are not because of the bear run they won't be growing even in the bull run. Surely certain media would be displaying news in favour of bitcoin which might give these statistics a little pump but overall the story is going to remain same after a few days of that pump.
A spike in the price always peek people's interest in Bitcoin, so that is not something new to us. When the price goes higher, speculators take notice again and they start investing and building businesses around Bitcoin again. People have a very short attention span and also a very short memory, so they quickly forget what happened in 2017.
You can also see this happening on this forum, because this forum was super busy during the 2017 spike in the price, but now it slowed down to a crawl.
Sure enough, every time something big happens like a price spike, people will start to find out what really happened. What happened in 2017 has made many people search for information about bitcoin and continue to monitor price movements. Traders and visitors keep coming so they have an impact on their Twitter popularity.
That also applies to bitcointalk and other websites that provide information about bitcoin and altcoin.
Yes this gives me another point. Maybe people had never heard regarding Bitcoin earlier which made them to search more about #bitcoin which is why statistics during that time is high. Most of the media marketers decide their hashtags based on search trends only.