Wednesday, May 14, 2014

Bitcoin’s Media Sparkle Fades - Digits - WSJ

Anyone surprised by this might benefit from reading A Short History of Financial Euphoria

"A bubble of press interest in bitcoin lagged the boom. The number of media mentions kept rising even as bitcoin prices fell, peaking at 14,198 articles in March, according to a search of the Factiva database. But the media has also started to cool. Mentions fell by half in April.

[...]   The question now is whether interest will perk up again if bitcoin prices turn volatile. Or is media coverage normalizing as the cryptocurrency becomes part of the new global furniture?"
Bitcoin’s Media Sparkle Fades - Digits - WSJ

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