A group of researchers from Stevens School of Business in the United States, led by Professor Feng May, published a study that demonstrates how posts and comments in social networks can affect the bitcoin price.
A group of scientists gathered and analyzed user comments Bitcointalk for two years and 3.5 million Twitter posts with reference to this cryptocurrency.
Comments were conditionally divided into positive and negative, and users to “active” and “silent majority” are rarely expressed about bitcoin.
The researchers came to the conclusion that the publication and tweets active users almost affect the rate of bitcoin, but the approval of the “silent majority” can significantly “swing” course is the first cryptocurrency.
Professor Feng May believes that “the silent majority” — a community of influential experts to predict and influence the fate of bitcoin, which listens wide cryptologist.
Earlier Betnovate wrote about how bitcoin would react to rumors of possible ban of bitcoin in China.