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Topic: Sentiment just hit rock bottom (Read 534 times)

legendary
Activity: 2744
Merit: 1288
October 07, 2019, 11:59:50 AM
#40

The night is darkest right before the dawn.  Price dont decrease much if at all, but 2017 is now so far away that is not that easy to remember it. So people are losing hope. People like more the bear markets with hope then the sideways without hope.  In next half year that should for sure end.
hero member
Activity: 1036
Merit: 514
October 07, 2019, 11:13:25 AM
#39
And the price bounce back above $8200 after a bit dip to $7788, I thought the price was going to fall below $7600 but it didn't but recover instead.
But the bounce is just temporary as the last seven days the market was so bearish, it just not make sense for traders to not short an asset that looks so bearish.
Remember when the price fall to $7800 but be able to gain value to $8500 and then gradually drop to $7788, the cycle will repeated again after the price reach the peak but when it fall again, expect it to go deeper than $7700.
sr. member
Activity: 2366
Merit: 332
October 06, 2019, 11:31:26 AM
#38
Sentiment is what it is known as. I don't put sentiment outside from market analysis. It is important for me. Raddit nor bitcointalk give us the expectation in the market.
For example, it speculated that btc was going to drop back to $8, and there we are. We just ignore it when we read about it  Grin
hero member
Activity: 1806
Merit: 672
October 06, 2019, 11:23:18 AM
#37
Haven't we all have experienced this several times already? When we are talking about negative market sentiments in the crypto market what do you notice who is posting these things? We only see newbies or low ranking members spreading topics like "I don't believe in Bitcoin" or "Bitcoin is a bubble" type of thread and all that is really happening is these certain individuals have lost their money on a trade they aren't prepared to enter. And now they are considering this as part of the market sentiments from the overall audience of the market which isn't really an accurate thing to do when most of the veterans out here are still bullish for Bitcoin.
hero member
Activity: 1694
Merit: 541
October 06, 2019, 09:18:14 AM
#36
Reddit & Bitcointalk have most bears but Twitter stays cool.
Not sure how the metric is taken, usually is consider these social media contents as trolls and speculators, there will be more contents and sentiment regarding the market in Reddit and in this forum because these forums are specifically dedicated for these market and hence if you take the metric you will find more contents regarding that and social media has a broader content.
sr. member
Activity: 1400
Merit: 347
October 06, 2019, 06:38:04 AM
#35
I guess they look at thread titles. When there are too much questions about price, or threads about hope, faith and belief, then there is fear.

Right now there are a lot of panicked folks posting threads. Threads with "when it is going up" shows impatience for long term, and consequent shorting. From this you can conclude the market sentiment is bearish.
hero member
Activity: 1078
Merit: 507
October 06, 2019, 06:23:28 AM
#34
Sentiment is usually a lagging indicator. When there is a correction, sentiments usually hit rock bottom. Same is the case in opposite situation.

What Wouk you expect in Bitcointalk?when all of clowns are here to make fun of the market?reddit as well is being surrounded by stupid FUDders

That’s why if you don’t want to be stressed then stop reading speculations in this forum lol 😂

Twitter on the other hands are mostly truthful tweets of people from their own speculations because they are investors and not trolls
Do you say that there were no trolls on twitter as well?I disagree with that where you can still spot some of them but I tend to agree that this
forum or even on Reddit you would able to see those fudders and shillers.

For you as a reader and tried to search up some sentiment then you should set yourself to be ready or get numb on anything you do possibly
read along the way.
Reddit and Bitcontalk give platform for elaborate discussion whereas Twitter doesn't. Thus, the negative keywords are more readily seen on Reddit and Bitcointalk. Regarding fuders and shillers, they are equally present on all the media.
hero member
Activity: 2996
Merit: 609
October 06, 2019, 06:18:48 AM
#33
What Wouk you expect in Bitcointalk?when all of clowns are here to make fun of the market?reddit as well is being surrounded by stupid FUDders

That’s why if you don’t want to be stressed then stop reading speculations in this forum lol 😂

Twitter on the other hands are mostly truthful tweets of people from their own speculations because they are investors and not trolls
Do you say that there were no trolls on twitter as well?I disagree with that where you can still spot some of them but I tend to agree that this
forum or even on Reddit you would able to see those fudders and shillers.

For you as a reader and tried to search up some sentiment then you should set yourself to be ready or get numb on anything you do possibly
read along the way.
legendary
Activity: 2576
Merit: 1655
October 05, 2019, 04:46:20 AM
#32
I really love when when people posted something like its the end game now or prices will still go down because the bear the taken over again. I guess nothing has really change, people will come and go but the sentiments remain. I'm sure that we have another sort of bull run, we are going to here, "moon", and "when lambo". It's just cyclical but I never doubt bitcoin a bit and let those people post whatever they want.
full member
Activity: 812
Merit: 114
October 04, 2019, 03:23:23 PM
#31
Crypto Reddit and Bitcointalk is where most of the speculative clowns hang out. Price up = moon and price down = the end is near. They surf on the flow of the market.

Twitter is a platform people tend to put thought and effort in their posts, and they generally seem educated and therefore have a more rational thinking. This however doesn't mean there aren't trolls and whatnot on Twitter, but definitely less from what I have seen than on Reddit and Bitcointalk.

Not sure how much value there is to extract from these sentiments though. Perhaps that measuring sentiment amongst news outlets will provide some useful data points.


I totally agree with you. In Bitcointalk and Reddit, most of the people seem to love to talk about only price, not the possibilities. Their way of talks depends on crypto price movements when twitter people seem always positive. Even I think Redditors are better than many if btalk people.
hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
October 04, 2019, 03:12:38 PM
#30
I think the most serious place about bitcoin could be twitter, I know that is as silly as it gets but you can find the most serious people there as well.

On bitcointalk and reddit you don't really have a profile, on reddit they are working on making people have a profile but you really don't on bitcointalk you don't have your own page you write stuff. Hence on twitter you can just pick the best crypto people around and follow them and if you don't ready the responses to their messages because there are a ton of idiots there then you will get a sense of whats going on a lot better.

Just get like 20-50 people who understand what bitcoin is and really smart about the situations (which is hard to find but you have the time) then you just check the stuff they say in common, if 20+ smart bitcoin people all say the same thing then it is obviously true.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 04, 2019, 04:22:07 AM
#29
What Wouk you expect in Bitcointalk?when all of clowns are here to make fun of the market?reddit as well is being surrounded by stupid FUDders

That’s why if you don’t want to be stressed then stop reading speculations in this forum lol 😂

Twitter on the other hands are mostly truthful tweets of people from their own speculations because they are investors and not trolls
newbie
Activity: 19
Merit: 0
October 04, 2019, 03:23:56 AM
#28

What's with the giant whipsaw on the Bitcointalk chart? I'd love to see how they crunch their data. It's not publicly available, so I'd take it with a grain of salt.

Anybody ever back-tested their indicators or tried the free trial? https://www.augmento.ai/sentiment-signal-signup/

You can use the scripts on their Github to run backtests with their data: https://github.com/augmento-ai/quant-reseach/tree/master/examples
hero member
Activity: 952
Merit: 513
October 03, 2019, 06:06:36 AM
#27
Crypto Reddit and Bitcointalk is where most of the speculative clowns hang out. Price up = moon and price down = the end is near. They surf on the flow of the market.

Twitter is a platform people tend to put thought and effort in their posts, and they generally seem educated and therefore have a more rational thinking. This however doesn't mean there aren't trolls and whatnot on Twitter, but definitely less from what I have seen than on Reddit and Bitcointalk.

Not sure how much value there is to extract from these sentiments though. Perhaps that measuring sentiment amongst news outlets will provide some useful data points.
It's crazy how things will vary from platforms, I guess people like to be around people who share their views, I remember during the market crash from 20,000, every thread in Bitcoin Discussion, Speculation was basically a bunch of people panicking and FOMO'ing over not selling at the 20,000 mark - then you go on twitter and you see people being fair chill and quiet.

Crypto Reddit and Bitcointalk is where most of the speculative clowns hang out. Price up = moon and price down = the end is near. They surf on the flow of the market.

Twitter is a platform people tend to put thought and effort in their posts, and they generally seem educated and therefore have a more rational thinking. This however doesn't mean there aren't trolls and whatnot on Twitter, but definitely less from what I have seen than on Reddit and Bitcointalk.

Not sure how much value there is to extract from these sentiments though. Perhaps that measuring sentiment amongst news outlets will provide some useful data points.


Wow this is a great indictment (lol) because its just a smack down that everyone of the forum are just noob with shallow level of thinking while the guys on Twitter are the most intelligent set of people who put some serious thoughts in what they are dishing out to the community. You might not be wrong but not  totally correct at the same time and the reason for twitter high point mostly is because the people behind can be identified and when people know that they tend to be careful with what they dish out to the general public unlike the forum here.

However, it does not mean its all glory on Twitter as I have seen tweets which are just too stupid to comprehend while when it comes to undiluted discussion on a subject matter relating to crypto, the forum becomes the best source of information for such opinion.
It's not really a smackdown on the people on the forum, it's more a fairly accurate generalization of the forum and it's users when it comes to price movements, obviously, there are calm people on bitcointalk and Reddit and there are people who overreact on Twitter.
hero member
Activity: 1330
Merit: 569
October 03, 2019, 05:12:47 AM
#26
Crypto Reddit and Bitcointalk is where most of the speculative clowns hang out. Price up = moon and price down = the end is near. They surf on the flow of the market.

Twitter is a platform people tend to put thought and effort in their posts, and they generally seem educated and therefore have a more rational thinking. This however doesn't mean there aren't trolls and whatnot on Twitter, but definitely less from what I have seen than on Reddit and Bitcointalk.

Not sure how much value there is to extract from these sentiments though. Perhaps that measuring sentiment amongst news outlets will provide some useful data points.


Wow this is a great indictment (lol) because its just a smack down that everyone of the forum are just noob with shallow level of thinking while the guys on Twitter are the most intelligent set of people who put some serious thoughts in what they are dishing out to the community. You might not be wrong but not  totally correct at the same time and the reason for twitter high point mostly is because the people behind can be identified and when people know that they tend to be careful with what they dish out to the general public unlike the forum here.

However, it does not mean its all glory on Twitter as I have seen tweets which are just too stupid to comprehend while when it comes to undiluted discussion on a subject matter relating to crypto, the forum becomes the best source of information for such opinion.
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
October 02, 2019, 09:50:34 PM
#25
Forums sentiments will based on their current financial status, I sometimes when in short in budget really feel the sentiments that the market brings since I know the lose or chance I let it pass when the market is still in bullish trend before and didn't take advantage of cashing out most of them but realising that it will somehow benefit me in the future as it will still have chance to sore high once the market tend change. Twitter is a social media platform that people act cool to boast, while in forums and discussions like these we are looking for people who can support and give us advise since we know we understand the market condition. Not all in twitter realize the cryptocurrency even there.
sr. member
Activity: 1120
Merit: 255
October 02, 2019, 09:00:10 PM
#24
I think that having a sentiment, or an emotional attachment to an investment is not something bad by itself, for example, when we agree on its vision, or the way it has to do things. We often hear how bad emotion is when handling money and taking decisions, but in truth I never disagree with my sales and I think there's nothing wrong in that, in fact I have my own favorites inside and outside of Crypto. thereby understanding market sentiment can be a powerful tool for investors, But that has nothing to do with lying to ourselves about the price which is something the market is responsible for, and is independent of our preferences. I know it's difficult when one sees certain people on here every day obsessively trying to talk down BTC and act opposite, like trying to improve their long positions.
legendary
Activity: 1652
Merit: 1483
October 02, 2019, 01:14:21 PM
#23

i present a counterpoint: https://bitcointalksearch.org/topic/m.52609655

in micgoossens prediction contest, there's only 11 people so far predicting lower than the current price ($8250). there's more than 70 people predicting higher prices. Shocked

which begs the question, how are they measuring bitcointalk sentiment? counting the number of times "bear" or "crash" is mentioned?
legendary
Activity: 3024
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
October 02, 2019, 01:05:42 PM
#22
People might be bearish on other altcoins, but when it comes to bitcoin, I think in this bitcoin is where we have the most bullish people that you can ever find. There is a difference between giving update on what is happening per the price of bitcoin and just speculating that bitcoin will never rise.

Though we have very few silly people here that do post rubbish things that could create FUD about bitcoin, but I believe that those ones are just against bitcoin and they should not be counted as members of this forum at all. Every time that I am even personally down in sprit about bitcoin sometimes, it is when I come here that I usually get lots of motivations from people that makes my spirit to life up, so I don’t know what made you conclude that it is in bitcoin talk that you find bears the most.
legendary
Activity: 1806
Merit: 1521
October 02, 2019, 11:04:15 AM
#21

What's with the giant whipsaw on the Bitcointalk chart? I'd love to see how they crunch their data. It's not publicly available, so I'd take it with a grain of salt.

Anybody ever back-tested their indicators or tried the free trial? https://www.augmento.ai/sentiment-signal-signup/
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