{"id":13529,"date":"2023-01-18T17:55:25","date_gmt":"2023-01-18T17:55:25","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=13529"},"modified":"2022-07-01T20:47:40","modified_gmt":"2022-07-01T20:47:40","slug":"bitcoin-mentions-and-transactions","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/bitcoin-mentions-and-transactions","title":{"rendered":"Less mentions and more transactions for Bitcoin"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/bitcoin-mentions-and-transactions\/#more_stable_and_family_this_is_the_presence_of_bitcoin_on_twitter\" >More stable and family: This is the presence of Bitcoin on Twitter<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/bitcoin-mentions-and-transactions\/#buy_bitcoins_online\" >Buy Bitcoins Online<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>Gone are the days when the oldest and most popular cryptocurrency on the planet recorded hundreds of thousands of daily mentions on Twitter. Today,\u00a0<b>Bitcoin has already stabilized and familiarized with the digital community<\/b>\u00a0and the proof of this is the notable reduction in the number of mentions that #Bitcoin hashtag receives on that social platform.<\/p>\n<p>Due to its instantaneity, Twitter is positioned as the preferred platform of the crypto community to keep up to date with everything that happened around the world of cryptocurrencies; its situation, fluctuations and future were the result of many threads and discussions.<\/p>\n<p>In this sense, the presence of mentions about a certain cryptocurrency on Twitter is often used as a metric to know the degree of impact they have on public discourse.<\/p>\n<p>According to the data collected by\u00a0<b>Bitinfocharts<\/b>, #Bitcoin was registering more and more mentions, especially with the important price change experienced at the beginning of December 2017. It was therefore a very commented topic on Twitter, with about 155,000 daily mentions. (Graph 1)<\/p>\n<div id=\"image_1967736666\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1024x330.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1024x330.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-300x97.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-768x248.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1536x495.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention.jpg 1920w\" alt=\"Bitcoin Twitter popularity historical hashtag\" width=\"1020\" height=\"329\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1024x330.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-300x97.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-768x248.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1536x495.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention.jpg 1920w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Tweets-chart-mention-1024x330.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n<p>Source: Bitinfocharts<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h3><span class=\"ez-toc-section\" id=\"more_stable_and_family_this_is_the_presence_of_bitcoin_on_twitter\"><\/span><b>More stable and family: This is the presence of Bitcoin on Twitter<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Today,\u00a0<b>the fall of mentions of #Bitcoin on Twitter is a more positive than a negative reading<\/b>.<\/p>\n<p>First of all because, the data of mentions that BitInfoCharts collects, only counts the #Bitcoin hashtags and not all the mentions that are made of the word Bitcoin (without hashtag), nor of its abbreviations.<\/p>\n<p>Secondly, far from being interpreted as a lack of interest on the subject, the reduction in the number of mentions is interpreted rather as\u00a0<b>a sign of the stability and degree of knowledge that the cryptocurrency has achieved<\/b>\u00a0among the online community.<\/p>\n<p>While hashtags are used on most occasions to gain brand reach, give voice and notoriety about new projects and to gather more information on a certain topic, the word Bitcoin is already so familiar and well-known enough that fewer and fewer twitter users opt for writing it next to the famous pad (#).<\/p>\n<p>A fact that would support the theory that the drop in mentions with the hashtag #Bitcoin doesn\u2019t mean a fall in the interest of the population, is found in the number of daily transactions made with this cryptocurrency. From Bitinfocharts it is shown that<b>\u00a0the average of transactions with bitcoin during 2019 is very high and sustained<\/b>; scoring historical maximum. Throughout this year, the average daily transactions have rarely dropped from USD 300,000. (Graph 2)<\/p>\n<div id=\"image_1756066812\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1024x330.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1024x330.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-300x97.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-768x248.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1536x495.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL.jpg 1920w\" alt=\"Historical daily transactions of Bitcoin\" width=\"1020\" height=\"329\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1024x330.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-300x97.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-768x248.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1536x495.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL.jpg 1920w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/BITCOIN-TRANSACTIONS-HISTORICAL-1024x330.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n<p>Source: Bitinfocharts<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p>Another metric also at odds with the theory of Bitcoin\u2019s lack of popularity, would be\u00a0<b>the hash rate<\/b>\u00a0itself. The hash rate is the unit of measure of the processing power of the Bitcoin network. Well, this rate reached its all-time high in September 2019 and the trend seems to show no signs of change. (Graph 3)<\/p>\n<div id=\"image_61268425\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1024x317.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1024x317.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-300x93.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-768x238.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1536x476.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical.jpg 1920w\" alt=\"Tasa de hash Bitcoin hist\u00f3rico\" width=\"1020\" height=\"316\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1024x317.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-300x93.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-768x238.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1536x476.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical.jpg 1920w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2019\/10\/Bitcoin-Hashrate-historical-1024x317.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n<p>Source: Bitinfocharts<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"buy_bitcoins_online\"><\/span>Buy Bitcoins Online<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Now that the use of Bitcoins is more widespread, and its concept is more familiar than before, the number of people who want to\u00a0<b>buy bitcoins online<\/b>\u00a0 is increasing every day. If you are also interested in knowing\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/where-to-buy-bitcoin\/\">where to buy bitcoins<\/a>, you should know that in\u00a0<a href=\"https:\/\/www.bitnovo.com\/\">Bitnovo<\/a>\u00a0you can do it easily, comfortably, quickly and safely. How?<\/p>\n<ul>\n<li>On the Internet -&gt; From the Bitnovo website you can\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/bitcoin\/\">buy bitcoins<\/a>\u00a0and other cryptos.<\/li>\n<li>In\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/bitcoin-atms\/\">ATMs<\/a>\u00a0and physical stores -&gt; Locate the nearest\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/cash\/\">points of sale<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Gone are the days when the oldest and most popular cryptocurrency on the planet recorded hundreds of thousands of daily mentions on Twitter. Today,\u00a0Bitcoin has already stabilized and familiarized with the digital community\u00a0and the proof of this is the notable reduction in the number of mentions that #Bitcoin hashtag receives on that social platform. Due [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":13530,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-13529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/13529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=13529"}],"version-history":[{"count":0,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/13529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/13530"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=13529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=13529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=13529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}