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Can Twitter sentiment predict Bitcoin exchange performance?

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Can Twitter sentiment predict Bitcoin exchange performance?

#1
I am scraping data from BTC China (CNY converted to USD), Bitstamp and MtGox, the top three Bitcoin exchanges making up roughly 80% of all bitcoin traffic, to see if Twitter bitcoin sentiment can predict market movement.

Comparing Bitstamp versus BTC China suggests significant arbitrage opportunities.

Can Twitter sentiment predict Bitcoin exchange performance?
bitwren.com