Cryptocurrency Sentiment Analysis - June 13
Cryptocurrency Market Sentiment Analysis – June 13, 2018
Cryptocurrency Price Sentiment
Cryptocurrency price expectations appear to have found a bottom, but with the recent market sell-off will we see similar results next week?
Crypto Enthusiasm
Enthusiasm levels stayed flat in spite of declining crypto prices – crypto enthusiasts are indeed a tough bunch to scare!
Crypto Satisfaction
Satisfaction levels rose after the recent downtrend. We will continue to watch whether the rise can be sustained with the current sell-off.
Crypto and the Traditional Financial Ecosystem
The measure continues to hold up this week after the recent uptick, with respondents remaining confident that traditional financial system will partake in crypto.
Investment Plan
Last week’s tie got resolved this week! Those who intend to invest more beat those who intend to HODL.
Crypto Scams
Majority respondents continue to see serious projects, but their numbers continue to fall for a third week now.
Excitement about Crypto
Frustrations with Crypto
Cryptocurrency Sentiment Analysis - June 6
Cryptocurrency Market Sentiment Analysis – June 6, 2018
Cryptocurrency Market Price Sentiment
Could cryptocurrency market price expectations be finding a bottom? Compared to last week, we see a similar number of respondents who expect prices to rise (fall).
Crypto Enthusiasm
Level of enthusiam is a little weaker from two weeks ago, but remains high.
Crypto Satisfaction
Satisfaction levels dipped a little in the last couple of weeks, but majority of respondents retain high levels of satisfaction.
Crypto and the Traditional Financial Ecosystem
We see a small uptick this week – majority continue to think the broader financial system will partake in crypto.
Investment Plan
There is a tie between those who intend to HODL, and those who intend to invest more. Let’s see how it resolves in the coming weeks.
Crypto Scams
Although still a majority, the number of respondents who continue to see serious projects fell a little more last week.
Excitement about Crypto
Frustrations with Crypto
Cryptocurrency Sentiment Analysis - May 30th
Cryptocurrency Sentiment Analysis – May 30th, 2018
Cryptocurrency Price Sentiment
Cryptocurrency expectations continue to be correlated to falling prices – we see a drop in the number of respondents who expect prices to rise, and an uptick in those who expect prices to fall.
Crypto Enthusiasm
Falling prices are dampening enthusiasm a little – we see a small drop in the level of enthusiasm this week!
Crypto Satisfaction
Satisfaction levels continued to dip some more, but majority of respondents retain high levels of satisfaction.
Crypto and the Traditional Financial Ecosystem
Majority continue to think the broader financial system will partake in crypto.
Investment Plan
The number of respondents who intend to HODL rose significantly, whereas the number of those who intend to invest more fell. Are these early signs of crypto panic?
Crypto Scams
In spite of a slight drop vs last week, a large majority continues to see serious projects (vs scams) in crypto.
Excitement about Crypto
Frustrations with Crypto
Cryptocurrency Sentiment Analysis - May 18th
Cryptocurrency Price Sentiment
Cryptocurrency Price Expectations have been tempered a little by falling prices – we see a drop in the number of respondents who expect prices to rise, and an uptick in those who expect prices to fall.
Crypto Enthusiasm
Crypto enthusiasts are a hardy bunch! Enthusiasm for crypto is at its highest levels in spite of the recent downtrend in prices.
Crypto Satisfaction
Satisfaction levels dipped a little in the last couple of weeks, but majority of respondents retain high levels of satisfaction.
Crypto and the Traditional Financial Ecosystem
We saw another uptick this week – majority continue to think the broader financial system will partake in crypto.
Investment Plan
The number of respondents who intend to stand pat rose this week – those who intend to invest more still remain a majority but the number fell slightly.
Crypto Scams
After a slight drop last week, the number of respondents who continue to see serious projects resumed its upward trend this week.
Development Milestone and Release Update
Universal Multi Crypto Wallet Development Milestone and Release Update
Hey Ethos Fam!
Thank you very much for all of your patience and support over the last few months. We have all been working extremely hard to get the Universal Multi Crypto Wallet as high quality as we possibly can. As many in the product council can attest, the wallet has come a long way from the initial genesis build to now.
We are approaching our final milestone involving Load Testing and Mainnet Transactions, which will mark the last phase of testing before public release. We will be releasing our first mainnet build to the product council for testing. However, before taking this step, we are excited to announce that we are expanding our early access test group to over 2000 people who will be chosen from our pre-registration lists.
These invitations will be sent out to selected members of the pre-registration list, so please keep an eye out for these emails in your inboxes! You will also be required to be verified as an Ethos community member which involves providing identification, NDA and proving ownership of any number of tokens. Every member of the product council has gone through this procedure. Note that this requirement will not be in place for general use of the wallet, but will become a standard procedure for Ethos early product releases where token ownership grants holders potential early access to Ethos releases and products.
We are also excited to announce that we will be deploying the app to Testflight in order to accomodate more iPhone users for the final round of testing. That means that we can now include iPhone users in the beta testing program and can now select both iPhone and Android users off of the preregistration list.
As we begin the country-by-country rollout, we will be introducing a voting system to allow the community to decide which country will be released next! If you want your country to win, make sure to get everyone you know to vote! We will do this in batches by country size so more heavily populated countries do not automatically move higher in the list.
Note that Airdrops and domain registration will happen after the global rollout is complete. This is to ensure the airdrop and domain distribution programs are fair for everyone. We will be announcing more information regarding domain registration and airdrops nearing the end of the global rollout.
This means that if you are a project looking to join the airdrop program, it’s not too late! Just contact us at [email protected] to apply! Join the movement and introduce your coin to the Ethos community.
In summary, we are announcing the following:
- Ethos is entering the final stage of testing which is mainnet transactions and app load testing
- We are expanding the product council by 1000% to over 2000 members by selecting members of the pre-registration list, so check your emails!
- We are migrating app to an iPhone testing environment that will prepare us for Apple approval and allow more iPhone users into the product council
- We will have a voting event for the country by country release to let the community decide the release schedule
Thank you for all of your support, and we see the light at the end of the tunnel!
Shingo
Cryptocurrency Sentiment Analysis - May 13th
Cryptocurrency Market Price Sentiment
Time for a breather? The community is wondering how long the recent cryptocurrency rally will persist. Compared to last week, we see a small drop in the number of respondents who expect prices to rise, and an uptick in those who expect prices to fall.
Cryptocurrency Enthusiasm
Prices might be taking a breather but levels of enthusiasm for crypto remain high!
Crypto Satisfaction
Majority of respondents retain high levels of satisfaction – the levels dipped a little with prices this week but continue to remain high!
Crypto and the Traditional Financial Ecosystem
Majority continue to think the broader financial system will partake in crypto. We suppose the bigger question is not whether but when?
Investment Plan
Majority of respondents intend to invest more, a quarter will stand pat, and virtually nobody is cashing out.
Crypto Scams
In spite of a slight drop vs last week, three quarters majority continue to see serious projects (vs scams) in crypto.
Recap: Crypto Crow’s Live Exclusive Interview with Shingo Lavine
Ethos CEO Shingo Lavine joined the charismatic Crypto Crow (Jason Appleton) via live stream on Monday to make three special announcements. The days leading up to the interview, it was hinted that Shingo might reveal which country would be first to receive the Universal Wallet and…
*drum roll*
Gefeliciteerd! Congrats to the Netherlands for being the first country who will receive the Ethos Universal Wallet! Let us know which country you think will be next! 🇳🇱🇳🇱🇳🇱 pic.twitter.com/ht4PdRlUND
— Ethos.io (@Ethos_io) May 7, 2018
Instantly, the comments about which country would be next started to pour in on social media! Will it be Germany? Italy? USA?
So it’s a good thing Shingo’s also announced our forthcoming Ethos Global Rollout Page. It’s here that we’ll track the journey of the Universal Wallet as it become available across the world. We anticipate WhenWallet-ers will be hitting refresh on this page often. Stay close with us on social and check your inbox for the official launch date of our Global Rollout Page.
Until then, here’s a sneak peek:
Finally, in response to the growing and glowing community support we’ve received since the East Coast Ethos Summit last month, we are so pleased to introduce our Ambassador Program. This is an opportunity for our extended Ethos family around the world to host events and spread crypto and blockchain awareness through an Ethos lens. More on the Ambassador Program to come!
In the meantime and because we know you don’t want to miss a beat, you can watch the Crypto Crow interview again here!
Pre-register today and find out first when the app is ready for wide release! Plus to say thanks for all the passion and support, we'll be rewarding our pre-registered community with some pretty awesome perks.
Stay in the know with latest updates – and sign up for our Blockchain Finance or Knowledge Base content series.
Crypto Sentiment Analysis
For the past several weeks, we’ve been interacting with the Ethos community to gather sentiment data around the cryptocurrency sector. On some level, crypto assets are driven by sentiment and the perception of value more so than virtually any other commodity in the world. So we thought we would gather data signals from our community about their sentiment of specific cryptocurrencies, as well as their perception about the industry in general.
We want to gratefully thank everyone who participated in these surveys, and encourage people to continue to respond.
Methodology
This survey was conducted with a sample size of approximately 2000 respondents queried weekly. They were asked simple questions such as “Do you think Bitcoin will go up and down?” in a simple survey format. While the survey was anonymous, many respondents chose to share email, and participation was limited by IP address to once per week. The respondents were primary “hardcore” crypto enthusiasts.
Bitcoin Sentiment
Sentiment took a dip at the end of March, then steadily grew through April plateauing post tax day. Basically the respondents collectively seemed to sense that Bitcoin would pop after taxes were filed.
Note that the percentage of respondents who believed Bitcoin would go down dropped from 17.5% during the last week of March to 4.1% after April 15th (tax day)
It’s interesting to compare this against actual Bitcoin price performance, and the correlation with price gains around the end of March preceding the post April 15th bump.
Ethereum Sentiment
Ethereum sentiment unsurprisingly correlated very closely to Bitcoin price sentiment, with tiny bit more pessimism at the end. In this case, the amount of people who thought Ethereum would go down in price fell from a peak of 18% to 4.6% after April 15th. (Notably close but slightly higher than the 4.1% compared to Bitcoin)
Ethereum price performance again mostly correlated sentiment.
Ripple Sentiment
Interestingly, sentiment regarding Ripple was uniformly more negative. Meaning — the majority still correctly predicted Ripple’s price increase (along with the whole market rise), but a larger percentage disagreed with the majority in believing Ripple would go down in price — a peak of 31.4% declining to 21.6% after April 15th.
This is despite the fact that Ripple basically correlated to Bitcoin’s performance.
Litecoin Sentiment
Litecoin was similar to Ripple, but had a downtrend in negative sentiment towards the end of April. Litecoin had a very strong “sentiment recovery” during this time.
Again, the Litecoin trend mirrors the other coins almost exactly.
Bitcoin Cash
Just asking for sentiment data around Bitcoin Cash was in itself controversial, as some respondents objected to the very existence of the question. Given the strong passions involved, it was not surprising to see sharper sentiment trends, as well as the strongest negative sentiment of the coins. This was the only coin that almost had “crossed streams” of negative sentiment overlapping with positive sentiment.
Also World Coin Index doesn’t seem to have Bitcoin Cash charts 🙂
Crypto Enthusiasm
Participants were asked to rank their enthusiasm for the sector from 1 to 10. Enthusiasm was dampened by the drop in prices, but stayed between a fairly narrow range of 9.1 to 8.86. In other words, the volatility didn’t seem to phase anybody very much.
Investment Plan
Participants were asked if they planned to Invest More into Crypto, Stand Pat eg HODL or Cash Out, meaning transfer crypto assets to fiat. Even though these respondents are hard-core crypto enthuiasts, it was stunning to see that virtually nobody planned to cash out (or at least wanted to say they would)
In a similar vein, respondents were asked if they were Satisified or Dissatisifed with the crypto industry in general. There was more of a noticeable uptick with prices, which was unsurpising.
Crypto Scams
Respondents were asked whether they were seeing more serious projects or scams. With the ICO gold rush and various clear scams, the market has clearly gotten more sensitive to out-and-out scams. However, according to the respondents, there has been a noticeable uptick in quality over the last 30 days.
Crypto and the Traditional Financial Ecosystem
Finally, respondents were asked if they thought the tradtional financial system would push back or partake in crypto. Again over the past 30 days there has been a noticable gain in confidence that the crypto will integrate into the traditional system in some form or fashion.
The fact that these data signals are coming from serious crypto enthusiasts needs to be factored in. There may be some degree of wishful thinking or “right answer” for the individual positions respondents might have. However, even with that factored in, this data offers a glimpse of the power of the crowd, and how crypto communities can collectively be smarter than the individual.
Ethos will keep these surveys going! If you’d like to join the list, please visit https://www.ethos.io/sign-up/ and sign up for Ethos News & Updates.
Once again, thank you to all participants.
Ethos Summit Recap!
Ethos Summit Recap!
The First Ever Ethos Summit
Saturday April 14th, 2018 was hands down one for the books. It was not only the day Beyonce took over Coachella but it also marks the very same day our beloved team held our first ever Ethos Summit. Beyonce couldn’t wait to hit the stage after a year on mat leave and we couldn’t wait to share our vision in-person and via live stream! Who could ask for a more perfect alignment of groundbreaking events?
But in case you missed it (aka what were you thinking?!), we’ve put together this nifty recap of the Ethos Summit for your enjoyment.
One of the most exciting elements of the Summit was that some our team members were able to connect in person for the very first time. Countless hours, days and months of virtual team meetings courtesy of video hangouts, screen shares and on Slack channels finally came together to real life fruition in Providence, Rhode Island.
To kick off the live talks, we first welcomed to the stage our fearless leader Shingo Lavine. His keynote mapped out the origins of crypto and went on to explain how Ethos will launch a blockchain platform that will truly be open, safe and fair for everyone. In doing so, even crypto newbies would understand the motivation to build a distributed ledger in a personal device.
Shingo also highlighted the Ethos commitment to nurturing communities through education – a key missing ingredient to decentralizing crypto and bringing it to a wider audience.
It became obvious that the positivity that fuels the Ethos movement has reached contagion-level momentum. The Summit was an opportunity to meet international community members from far and wide. We shook hands and chatted with attendees from Poland, Venezuela, Japan and beyond. Each guest had a story or use case to share, emphasizing the need to create a decentralized financial ecosystem.
“We’re taking very security measure from passwords to pins to biometrics, you name it, so that no one can access your wallet but you. You’ll see why we’re so upfront, why we’re asking the questions we’re asking.”- LL @agentdoublel #security #UI #UX #ethoswallet
— Ethos.io (@Ethos_io) April 14, 2018
“I’ll go to bed and speak to the other #Ethos employees on the other side of the globe and tell them what we’re working on. It’s amazing that 3-4 hours later, it’s done.” – Derek @derekbarrera Derek, get more sleep! 😉
— Ethos.io (@Ethos_io) April 14, 2018
“We’re not only a wallet, we’re a portfolio tracker. We think that in order to make the most informed decisions we need to build three apps in one.” – Kevin 🤩 #tothemoon #mobilefirst
— Ethos.io (@Ethos_io) April 14, 2018
Watching the live stream and new to some of the terms we're using? Here's a handy guide to terms and definitions you might pick up throughout the day: https://t.co/hGvoswwZUV #cryptoeducation #knowledgeispower #ethossummit
— Ethos.io (@Ethos_io) April 14, 2018
Some of the Ethos team also took the stage, delighted to offer an inside scoop on the vibrant Ethos work culture – as well as addressing the ever-present anticipation around, what is now known as, #WhenWallet.
The team examined the processes involved with bringing such a complex system and breaking it down into beautiful, usable pieces for the everyday user.
Some of the Summit attendees even had the opportunity to take the latest version of the app for a test drive! Pro-Tip: On the off chance you haven’t already, you probably want to pre-register for our Universal Wallet.
“It’s not just about how can I send and receive. Everything is an ecosystem and we’ve built an amazing runway with a laser focus vision. The wallet is just the beginning.” KDP #universalwallet #ethossummit #cryptocurrency
— Ethos.io (@Ethos_io) April 14, 2018
"#Blockchain isn't mystical, it's a bunch of patterns we're all familiar with, glued together in a new way with new technology– That's the revolutionary part. And it's only truly revolutionary if it's safe and usable for every user." – Maurice Herlihy #ethos #ethossummit
— Ethos.io (@Ethos_io) April 14, 2018
We've been developing a platform that supports the critical aspects of a capital market system in the #neweconomy. Learn more about #blockchain #finance and see why we're building a more inclusive financial ecosystem https://t.co/1bzzpPhYJ2
— Ethos.io (@Ethos_io) April 14, 2018
"People deserve professionalism, access to everyone on the project, and careful thoughtful answers to their questions. As we grow, I don't see this changing. No matter how big we get." – Stephen Corliss @BQXStephen #Ethos #community #cryptocommunity
— Ethos.io (@Ethos_io) April 14, 2018
Later in the day we caught up with Blockchain and Smart Contract Technology expert Maurice Herlihy who demystified blockchain technology by exploring ICOs, self-custody and mining. Maurice was followed by a virtual visit from our Chief Investment Officer Vishal Karir who hung a light on correlations, diversifications and trends.
Maybe we should clarify what #FUD is (and why we remain focused on our vision). Here's a little primer: "A Crypto Wild West – The Good, The Bad and the Fudly" https://t.co/uuLLfeu6bH pic.twitter.com/gIxMuXZ9gn
— Ethos.io (@Ethos_io) April 14, 2018
What sets us apart from the other #blockchain platforms? Check out our core values that are rooted in customer control, reducing costs and introducing users to a diverse set of investment opportunities. https://t.co/uujlvCC9TK pic.twitter.com/aPVc6jIvi7
— Ethos.io (@Ethos_io) April 14, 2018
The last panel of the day discusses making the future for everyone, what that means for our team, and what they envision the future holding. 🚀#ToTheMoon #ethossummit #cryptocurrency pic.twitter.com/7lJxDzsGxP
— Ethos.io (@Ethos_io) April 14, 2018
From top to bottom, the first ever Ethos Summit was a massive hit. We are so pleased with the level of engagement and curiosity of our community and the crypto industry at large.
Don't be sad it’s over, be glad it’s always happening! If you want to keep up with our progress on the UW and everything else Ethos-related, visit our Trello board! https://t.co/W9iDQxhTwI pic.twitter.com/nQBGtwAkZC
— Ethos.io (@Ethos_io) April 14, 2018
And that's a wrap! Thank you SO MUCH to everyone who's tuned in, tweeted, messaged us, etc. We love you all and couldn't do it without you!! -💚 @Ethos_io pic.twitter.com/yIdToPlg7p
— Ethos.io (@Ethos_io) April 14, 2018
Sunday after the summit… back to work!! Team working all hours to get the UW out ASAP to all of you. #EthosSummit #Ethos #UniversalWallet pic.twitter.com/vE0BLyrwHp
— Ethos.io (@Ethos_io) April 15, 2018
We look forward to the many questions and conversations yet to come, so in the meantime (what are you waiting for?!) here are ways to keep up to date and in touch with us:
We’ll be chopping up the video from the Summit and posting the program as segments, but in the meantime, feel free to take it in in full! Here’s the recording of the live stream:
Ethos announces upcoming Genesis release of Universal Wallet for final testing
Ethos announces upcoming Genesis release of Universal Coin Wallet for final testing
Ethos Universal Coin Wallet
It begins. We’ve all been waiting patiently (and working feverishly!) for the Ethos Coin Universal Wallet to see the light of day. That time is fast approaching. But like most things, we’re doing things our own way. Universal Wallet is an incredibly ambitious project – and ensuring everything is rock solid and secure is our highest priority. So, this is how it’s going to work.
First of all, we want to express our deep gratitude to the entire global Ethos family for your support, encouragement and energy. It has fuelled our growth and been an incredible source of inspiration and energy for our entire team! So, thank you all. You have and will continue to play a role in unlocking the future of finance, and we’re honoured to be serving you. It’s pretty unbelievable what we’ve built in 8 short months! If that’s not people power, we don’t know what is.
Now, it’s time to stick the landing. And we need your help. We are nearing the Genesis build of the app, and it’s beautiful. But before we send it off to hopefully be a part of changing the world, we want to make sure it goes through the rigorous testing required to ensure it meets our high standard for quality and security. To get its feet wet. To warm up. To get even better.
So, the Ethos Universal Coin Wallet release rollout story starts like this.
In the coming week, the app will be go into limited release to some Ethos community members and Pre-Registered users who will be part of our final polish and testing process – so we can make sure the Ethos Universal Coin Wallet is as seamless and flawless as possible when it hits your pockets. This group will include:
- Ethos Product Council members. They’ve been involved since the beginning and their feedback has been critical to building the app.
- Top 100 Token Sale Contributors. Their support since day one has helped make this journey possible.
- A randomly selected group of Pre-Registered community members. There are thousands upon thousands of you, and we love you all! A whole bunch of you are going to receive invites to join our Product Council and be part of the Genesis release. You’ll also need to be an ETHOS token holder to participate. So if you’re on the list, watch out for an invite! And if you’re not already pre-registered, get yourself on the list by clicking here!
Our Genesis release users will be an integral part of making sure the Ethos Universal Coin Wallet is battle-tested and ready for the instant global scale that awaits upon wide release. Genesis release users will also be rewarded for their efforts in finding any bugs or issues we haven’t already worked out – just another way for people power to play a role in building a financial ecosystem that is open, safe and fair for everybody.
You ready? We are.
Let’s go.
Team Ethos
