Even though they are talking to about popularity still the variable used to compare is not correct, popularity based on comments really? How would you know the exact number of individuals if they just count the comments? Well we can't deny the growth of Bitcoin, it became popular and trendy because of its price but that does not mean people would look for it. Index and digital asset will fall onto different category.
Imo.DJIA as an index of massive companies is incomparable to a digital currency, even the highest among the cryptocurrencies, bitcoin.That’s right we usually use price to rank how valuable the item is, and it baffles me too when bitcoin surge to 20,000 ATH by the time DJIA was still trading below 20,000, which is MASSIVE in my opinion, but it didn’t mean much by now. The comment section is yet another item that baffles me, I couldn’t believe it basically just grow so much and fast too. That’s true bitcoin has no place to compare to DJIA which the entire market is worth 250 trillions USD, bitcoin didn’t even account for 1% of that size of wealth. The same goes for gold market which is roughly 8 trillions dollar. Well if I was to come to conclusion, the markets always confuse me with all the random numbers flashing on the screen, deception at it’s best.
Are you even thinking clearly about this one? Have you even think that most professionals involve in the Dow Jones uses investing.com? Don't you even consider the fact that they are using other tools like Bloomberg Terminal and Thomson Reuters Eikon? Comments on a post even if it makes them "popular" cannot be translated as demand for Bitcoin like you said they just made it popular on a Wikipedia like website for financials. And just to answer your question no they aren't trying to tell us something even if it's in front of their headlines, they are simply just covering everything they have on the financial world.
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That’s right, most professionals have way more sophisticated tools for data mining at their disposal, and they have a team of hardworking programmers ready to deploy everything to its fullest like in the movie “The Great Short”, they probably won’t fancy with primitive sites like that, btw those aren’t something that we can gain access so easily too, the entire financial markets are always running in full secrecy, no info could get leaked from their sight. That’s not all, they also control nearly the entire wealth of the world under their fingertips, they may be famous by having the most wealth per individual, but they’re not having the most popular vote by approval (most comments), if an asset is highly discussed among users on a particular forum, does it automatically depict it is highly popular? Well I believe there must have a metric to determine it, count of comments certainly have its plus, after all nobody would have at their right mind waste their valuable time to create all the productive comments all over the forum, they could be spambot, but it would likely get filtered quickly too, so anybody want to waste their time again to maintain a spambot that can be anti spam proof?
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OP, where are you getting this data from? And it doesn't even matter where, it's information that's being misinterpreted--the stock market is more popular than bitcoin by probably several orders of magnitude. Think about how many people have their retirement savings in 401(k) accounts or own stocks outright and how many people work on Wall Street. It doesn't really matter how many people are discussing the Dow, because that's just an index.
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There is nothing complicated, the data is very straightforward, visit the investing.com, navigate to the DJIA forum, and scroll down to the comment section, and you get the number of comments in real time, and do the same with bitcoin too. That would be the only site that any layman can do easily, of course it doesn’t require any technical skills and involving hijacking some unclassified documents or even to the sort of wiki leaks decrypting the govt secret.
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Hey, I'm glad that the MSM is covering bitcoin and other coins like ETH. I don't watch a lot of news, but I've seen crypto reporting on Youtube videos, clips of MSNBC and Bloomberg and the like. I think that's a very positive thing.
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I was frequent yahoo until it begin to ridicule me with consent/kyc and all, then many other sites simply try to silence all from their sites, include bloomberg, and then I stumble upon this site, investing.com, it baffles me at first glance, when it rolling out with crypto interface on their site, and the rest is history, although it didn’t turn out smoothly, the site eventually went down at some point during the peak, many early comments were permanently lost too. Well, we can’t have all the good thing in life.
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