41–50 of 63 posts
Tether is printed out of thin air and used to buy BTC. Right now nobody calls to convert Tether back to USD so the con can continue. (to be confirmed whether this is the major factor in the BTC bubble)
People went home for thanksgiving and told their families about the 700%+ gains that bitcoin made over the year. That's where the pump began, it's gone viral since. Memes, trending, hashtags are raging over bitcoin.
Why pay for the marketing when every major news outlet in the country will continually cover the story as the price continues to rise wildly and as major financial institutions get invested? I run multiple browser plugins to block ads on my browser, but has anyone actually seen Facebook, et al ads for cryptocurrency?
Why is it treated like some sort of revelation that the media influences elections, Russians notwithstanding.
Why pay for the marketing when every major news outlet in the country will continually cover the story as the price continues to rise wildly and as major financial institutions get invested? I run multiple browser plugins to block ads on my browser, but has anyone actually seen Facebook, et al ads for cryptocurrency?
> Fake news, facebook & twitter ads that influenced US elections proved that it's possible to do something like this. but Hillary lost. Facebook has identified $100,000 of ads that came from accounts associated with Russia. Clinton and Trump combined spent $81 million on Facebook. [1] [1] https://techcrunch.com/2017/11/01/russian-facebook-ad-spend/
I think it's a mistake to equate ad spend with ad effectiveness. Russia only needs to sow discord, they don't need to follow you through the entire election season like Hillary does. A few targeted ads here and there are all that's needed to compound their other efforts across the web.
Earlier quoted context omitted.
A good product for what, exactly? Fast, decentralized, small monetary transactions? Because right now BTC is pretty awful at that.
>A good product for what, exactly? Since its inception it's an exceptionally good store of value over the medium to long term.
One question I’ve been interested in: is there a way to trick algo traders into buying an altcoin? Perhaps by spamming twitter and Reddit with positive sentiment text about that altcoin?
> Fake news, facebook & twitter ads that influenced US elections proved that it's possible to do something like this. but Hillary lost. Facebook has identified $100,000 of ads that came from accounts associated with Russia. Clinton and Trump combined spent $81 million on Facebook. [1] [1] https://techcrunch.com/2017/11/01/russian-facebook-ad-spend/
Most of the crappy ads I see come from other ad networks (outbrain, taboola, etc).
There is almost definitely rampant sockpuppetry in the bitcoin community. One question I’ve been interested in: is there a way to trick algo traders into buying an altcoin? Perhaps by spamming twitter and Reddit with positive sentiment text about that altcoin?
One need to spam through authoritative handles.
Pretty much like tricking google ranking algorithm with site-farms and fake backlinks. But hey, a lot of people were able to do this before Google started to improve its algo.