How effective might it be to know what and when consumers are gaining interest in certain blockchain projects? You might not know him but he might know you. In the following article, I’ll describe to you how there exist of a community of cryptocurrency web crawlers and how they are using the info they data mine in order to spot the next 'moon'. — I met up with a cryptocurrency trader who had a unique approach to his entries and exits. He wanted to keep his identity anonymous and spoke as if he had an urgent meeting just around the corner every time we spoke. June 2019 He told me that he would let me in on his for a $10,000 fee to which I had to decline but was intrigued and piqued his interest long enough to discover his methodology. secrets What the trader was that he had a supplying him data about what coins were being , as well as operates multiple influential accounts on popular forums primarily to interact with such as Reddit, BitcoinTalk, Discord, Niche Facebook Groups and even sites like Quora. let me know vast network of web crawlers talked about bitcoin beginners sometimes called a spiderbot and often shortened to crawler, is an Internet bot that systematically browses the World Wide Web, typically for the purpose of web indexing. Web Crawler Hype & New Money If you’ve ever listened to traders chat online, you can tell they on forums and social media for a certain popularly referred to in the space as . Speculative trading can be some of the most profitable returns on investment. feel out the waters factor ‘Hype’ If you were in the right circles you might have heard of Chainlinks CEO’s laptop being hacked, and screenshots emerged of a rumored Facebook Libra partnership weeks before the platform received a lot of new investor interest. Some influencers try to recreate this factor through paid groups or a large following on those platforms and have been successful but the trader I talked too went about it in an entirely different manner. Target: Bitcoin Beginners Our Trader in question makes a strenuous effort to be the first friendly face you might meet if you are to have your interest piqued by Bitcoin and the Altcoin market in whole. In order to cover such a wide area of he utilizes web crawlers to query for specific phrases. very What is a blockchain? How does Bitcoin Work? What should I invest in June? What wallet should I use? Etc… These are the types of users (questions) he targets because it gives him insight into where new money is headed, and he then uses their naivety to direct them towards his , his and attempt to influence their . email list services, buying behavior It's a cycle that is fueled by the haze of ambiguity that sometimes surrounds new projects as well as the barrier to entry within Bitcoin. Micro influencing the most susceptible to grow a cult-like following, and measuring the trends of new money entering the space, has become a business for him, one that he claims has netted him 7 figures in the last year... Ethical Right of Passage? We live in a period where we can measure the around projects, something that isn't quantitative by nature. accurately social buzz Web Crawlers naturally are an and one that serves a great variety in use. That said using data mining tools in order to target new investors is a grey area. ethical tool The welcoming yet mysterious facade of crypto peels away over time when misleading people is an initiation ritual.

Facebook

Target

Read My Stories

Too Long; Didn't Read

Discover Saakuru: Web3 Mass-Adoption with 0-FEES

Web-Crawlers Influence the New Money coming into Crypto

Too Long; Didn't Read

Companies Mentioned

Tucker Robinson

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

Web-Crawlers Influence the New Money coming into Crypto

Too Long; Didn't Read

Companies Mentioned

Tucker Robinson

About Author

TOPICS

THIS ARTICLE WAS FEATURED IN...

RELATED STORIES