And when it makes the cover of Time, short it to the ground.

This could be my next project. Thanks for the idea. This will be fun.

Maybe also consume Twitter's firehose and use some combination of frequency of mention + some kind of influencer score (e.g., "verified" accounts and accounts with lots of followers are more heavily weighted) to determine hype. I've been wanting to built a sentiment analysis system for trading for a while now.

Bitcoin comes to mind here.

I almost made that mistake. I'd heard about it on Reddit way back when prices were $1/coin. Largely ignored it.

Next I hear it, it's on TechCrunch. Then on HuffPo.

I almost bought 10 coins at $500/coin.

By the time it hit NYT, it was $1k/coin

We all know how that story played out. Still kick myself for not buying like 10,000 of them at $1 though

I had been messing around with Bitcoin in late 2010, early 2011. I gave away the five bitcoins I had towards the end of 2011. :(