Saturday, April 20, 2013
Is Bitcoin Social or is Social Bitcoin: The Cryptocurrencies Interdependency
2:53 AM | 
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social media certainly inspires a mob mentality and in the case of any form of investment of this nature, sentiment and confidence matter a lot. Outside factors aside from social media certainly affect Bitcoin prices (i.e. hacking, MTGox’s reliability and security issues). However, social media reflects this on a hyper level, creating both ups and downs at a super-fast rate.
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