While eggs must always first give way to chickens, in the case of Twitter discussion volume and bitcoin price rising things aren’t exactly clear. Or, did the Twitterverse push ever-upward the world’s most popular cryptocurrency, bitcoin?.
Also read: Initial Troll Offering Fires Back at Wall Street with Paid Ad of its Own “Twitter is clearly taking the lead as the home for discussions related to new monetary technologies,” Social Market Analytics‘ Joe Gits declares to Jared Podnos. Just this week, a Twitterer organized a giant troll campaign to buy mainstream advertising as a way to press bitcoin’s case to a wider professional financial world.
“We’re seeing Bitcoin ($BTC) conversation volume alone exceeding that of the FANG stocks (Facebook $FB, Apple $AAPL, Netflix $NFLX, Google $GOOG) on a daily basis,” Mr. Gits continues. Bitcoin’s reach is beyond that of its mere price, as Mr. Gits noted: “We are also observing the influence of crypto technology on other blockchain related equities.
Mr. Dorsey is also CEO of payments platform Square, who recently announced its trial of incorporating bitcoin into its platform. What do you think of bitcoin’s relationship with Twitter?.
https://news.bitcoin.com/since-2013-bitcoiners-have-flocked-to-twitter-as-bitcoins-price-continued-to-rise/
