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Title: 2013-04-03 The Atlantic Wire 'Bitcoin Blogging Bubble Is Bursting' Post by: Manticore on April 04, 2013, 04:24:56 PM 2013-04-03 The Atlantic Wire 'Bitcoin Blogging Bubble Is Bursting'
http://www.theatlanticwire.com/technology/2013/04/bitcoin-blogging-bubble-bursting/63858/ Title: Re: 2013-04-03 The Atlantic Wire 'Bitcoin Blogging Bubble Is Bursting' Post by: kiba on April 04, 2013, 04:37:49 PM Quite surreal that they're calling the bubble pop early.
Title: Re: 2013-04-03 The Atlantic Wire 'Bitcoin Blogging Bubble Is Bursting' Post by: kiko on April 04, 2013, 04:50:34 PM I can see the headlines now.
Quote "Revolutionary new currency scuppered after three get bored of mentions on twitter." Title: Re: 2013-04-03 The Atlantic Wire 'Bitcoin Blogging Bubble Is Bursting' Post by: aigeezer on April 04, 2013, 04:59:04 PM They're not calling a Bitcoin bubble pop - they're being cute and calling an attention-bubble pop.
From the piece: "... America woke up — and went from novice to expert to blasé on the topic." "If you were going to create a graph of the day's interest in Bitcoin, it would likely spike high in the morning, run steady for a little bit, then crash early in the afternoon. It was, if you will, a Bitcoin conversation bubble. And like any bubble, it burst." I think the author confounds the media machine's behavior with public behavior - the media have come to believe their own propaganda. It has been fascinating to watch them mangle the Bitcoin meme - a useful reminder of how they approach all "news". |