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Viper1 said:
The Ron Paul example doesn't work because the GOP didn't want him representing them in the election. Remember, he wasn't in the actual election itself. I saw plenty of real world hype from him by people who have never seen him on the Internet.

You're overall topic is valid though and it's one I've spoken about before. The Internet represents a vocal minority. This happens with any fan driven entertainment. Fan clubs, socials, chat rooms, forums, etc...

In fact, hype rarely ever meets reality.

Maybe it doesn't fully.  However, from a being in an echo chamber standpoint, it does.  When you are in the middle of it (I got caught up in the Ron Paul campaign), a bad case of groupthink happens and people end up believing the hype and feeding on it.  Hopes grow larger than what will actually happen, as do expectation.  A difference between the Ron Paul campaign and a videogame or console, is that fanboy wars break out in consoles.  There isn't a place you drop off and hide and get fed stuff.  You happen to end up being forced to deal with people who will seek to burst your bubble.  In th Ron Paul campaign, it was an "us against the world" thing, which looks absurd in the area of videogames, and over the Internet.