Social datamining can gauge equity sentiment by quantifying selected keywords and pairing those with implied ‘feelings’ and opinion. I think it is telling that bitcoin discussion is cotangent with concepts of technological innovation, decentralization, borderless commerce, going to the moon, cross-cultural osmosis of ideas, and so on.
Although the numerical success of bitcoin is parity tied to a dollar amount, so the standard greed & fear indexes may be relevant initially, I propose the excitement of bullish market behavior can uniquely be interpreted as evidence for collective social evolution. The activity of this sector is thus projected to indicate momentum of “The Future,” a token of self-actualization amid group success.
It’s wholly transpersonal, in that when bitcoin does well, I’m excited for the prospects of a global humanity empowered through the individual.