R Soc Open Sci 2(9)Ĭhen R, Lazer M (2011) Sentiment analysis of twitter feed for the prediction of stock market movement. Garcia D, Schweitzer F (2015) Social signals and algorithmic trading of Bitcoin. Nakamoto S (2008) Bitcoin: a peer-to-peer electronic cash system
Twitter elon musk bitcoin series#
Packt Publishing LtdĪmjad M, Shah D (2017) Trading bitcoin and online time series prediction. Vasilev I, Slater D, Spacagna G, Roelants P, Zocca V (2019) Python deep learning: exploring deep learning techniques and neural network architectures with Pytorch, Keras, and TensorFlow. Top 5 Celebrities Who Love Crypto (2021). What is Twitter and why should you use it? (2021). In this paper, we analyze how Elon Musk’s tweets affect Bitcoin prices. Elon Musk, a juggernaut entrepreneur of this century, is a prominent celebrity who has had a significant influence on Bitcoin and has been instrumental in promoting and criticizing Bitcoin in past months. Twitter is becoming common place for celebrities to share their sentiments about Bitcoin. Due to its decentralized properties and lack of price control, many a time, celebrities can influence its value using their social media fan followership. Bitcoin challenges the previous payment system through its unique properties and allows compelling use cases that were not feasible in the past. It is open-source, decentralized by design, nobody owns it or controls Bitcoin, and everyone can participate. The network carries out Bitcoin issuing and transaction management. Bitcoin is based on peer-to-peer technology where there is no need for central authority or banks as intermediaries.
0 kommentar(er)
