Although many compare crypto and blockchain to the early stages of the Dotcom Bubble, some believe that it is much more than that. This simple belief that cryptocurrencies, like Bitcoin, are paradigm-shifting has led industry insiders to enlist the use of exotic, yet often eerily accurate indicators to forecast what’s to come for this budding space. On Sunday, this theme was only cemented, as a leading researcher employed social media statistics to convey a prediction.
The Bitcoin community is no stranger to Twitter, Reddit, and other social media outlets. In fact, since the cryptocurrency came into being, the hundreds of thousands of enthusiasts that have grown a connection to the innovation have coalesced on Twitter, forming what is now affectionately known as “Crypto Twitter.”