I think on short term the price of BTC will decrease and on longterm it will increase again and go higher than it is now :)
Other question, the new accounts is getting lower and lower. Do you know the reason behind it? :)
I think on short term the price of BTC will decrease and on longterm it will increase again and go higher than it is now :)
Other question, the new accounts is getting lower and lower. Do you know the reason behind it? :)
I actually think the same thing on BTC prices. For new accounts signups being lower, I am thinking maybe there might be some type of seasonality effect associated it since it is summer in the Northern Hemisphere but I am not sure.
Hmm that is an interesting point of view. But when it's summer, more people are free from work, thus there should be more accounts? That's more reasoning though haha! But I do understand your point of view since why would you wanna spend time behind a computer if you can enjoy the summer!
Yes, that's exactly what I am thinking. People might be outside instead of behind a computer. However, I have not seen direct evidence yet if social media use declines during the summer period itself. The most I was able to find was that social media use declines during good weather (in any season) and social interaction increases during bad weather (also in any season). So, my assumption is if the weather is good there is less social media use in general though I am not sure if this applies to new users signing up.
Source: http://marketingland.com/why-social-media-marketers-need-to-follow-the-weather-68495