Market Sentiment: All Over Again.

1000351902.png


X (Twitter) is probably one of those places I go to see what the current market sentiment is like. When Luna crashed and when FTX newly collapsed, Twitter was a cesspool of tears and anxiety, it became so toxic that people were forced to sell off what they had. In contrast, many influencers made the $200k BTC prediction during the 2021 bull market.

The Game Of Emotion

My point is that emotion is always heightened on X, and I believe this has increased in part due to the current monetization. It is always exciting to see people tweeting FUD, lies, and chicanery in order to gain views and farm engagement, and amidst all of this craziness, it is always exciting to see people talk about crypto, tweet about fake crypto giveaways, and advertise projects where influencers intend to rugpull them.

It simply demonstrates that the majority of people over there are only concerned with profit and their pockets, but it does not rule out the possibility of learning a lot about cryptocurrency, airdrops, and the necessary education. I believe that the reason people take the conversation there is because they want to share what they have with a larger audience.

It is not the same crypto space as Hive; here

You will find a lot of "this is not financial advice" posts, as well as a lot of community and stable emotion. Yes, we have expectations, but we need more people who are objective, realistic, hopeful, kind, and beautiful. Except for those who post phishing links, it is difficult to find someone looking to sell you a rugpull project.

However, there was also this during Jerry Banfield's time. However, I am not sure how the guy went from being a big Hive influencer on Web2 to becoming a major villain. It is just proof that Hive probably does not approve of sleeky people or evil geniuses. You automatically get the frown and all that.

I am not saying the system or the human community are superior here; they are simply more realistic, less sentimental, and more driven.

The Environment Differs

Again, we are mostly half realistic and half objective, building our stash, playing Splinterlands, and focusing on our various goals. However, there are still people who are constantly disappointed that BTC is performing well while we have yet to see $1; they simply refuse to stop comparing the markets, forgetting that we are still an alt project and will most likely require more time.

Overall, people who support the projects here are very optimistic; even if they are frustrated that we can still do better, we no longer see those lengthy FUD posts about everything that is wrong with this ecosystem. Although I would like to believe that the reason for this is that the incessant and unexplained downvotes have stopped, leaving only the downvotes that are most likely justified.

We saw a lot of rage-quit posts when this cesspool of downvotes became popular, with people saying all kinds of things because they were getting downvotes. It is mostly like the early days of Blockchain, when anyone could be downvoted for being associated with a whale or Orca, which was regarded as an evil person.

In Conclusion

Many of the crazy things that happened in the past are no longer happening, which I believe is due to the cessation of vote and downvote selling. On average, there are a variety of people here, but the Blockchain has a Hawk eye that makes it nearly impossible to do anything that no one would notice. It is not a comparison post; I just wanted to show how people react emotionally to things like money and price on platforms like Twitter and Hive.



Interested in some more of my works



Is it Easy To Make Money?
Nigeria: A Unique Business Market & Industry
Virtual Bank Apps In Nigeria: An Experience Of Gamification
How To Find The Next "BIG" Meme Coin
Personal Finance: Achieving Intentional "Saving" Goals
Playing The Survival Game: Human Nature In Introspection
"Un-PAYING" The Debt You Owe

png_20230102_074302_0000.png

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now