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Title: What are the implications of this? Post by: RealBitcoin on May 17, 2016, 04:11:22 PM What are the implications of this? Where is the interest towards bitcoin coming from? Are we going to the moon right now?
Title: Re: What are the implications of this? Post by: Joel_Jantsen on May 17, 2016, 04:16:16 PM I'm not very good at analyzing statistical data but in my honest opinion that graph doesn't prove shit.There was one point when prices rocketted sky high, after that everything seems normal,I'd say "stable".The slight increment in the graph to this day is a good thing but not quite sure if its going to the moon or staying right there.You can't even utilize the previous sequences to predict anything.
Title: Re: What are the implications of this? Post by: mrhelpful on May 17, 2016, 05:00:59 PM Its good to see people have more interest in bitcoin due to googles analytics. But it still has a long way to go obviously.
Id be more thrilled to see like how many people were typing in bitcoin in 2013 like that huge chart. We need a huge spike that to see more new money onto these exchanges. Title: Re: What are the implications of this? Post by: MingLee on May 17, 2016, 05:07:18 PM Spike was Craig Wright, 80% sure of that.
As for the actual implications, chances are nothing is going to come out of this. It was some people interested in Bitcoin because chances are they had no idea what it was, but I highly, highly doubt that we'll see anything more come out of this than maybe some people joining the community because of their interest in the technology or the community (or making money). I doubt something will happen, but you never know. Title: Re: What are the implications of this? Post by: RealBitcoin on May 17, 2016, 05:14:22 PM Spike was Craig Wright, 80% sure of that. As for the actual implications, chances are nothing is going to come out of this. It was some people interested in Bitcoin because chances are they had no idea what it was, but I highly, highly doubt that we'll see anything more come out of this than maybe some people joining the community because of their interest in the technology or the community (or making money). I doubt something will happen, but you never know. That was 1 month ago. The mainstream is surely very slow to catch on. There must be some other news. Maybe venezuela or brazil economic problems, who knows. Or just some service opened up in a country and people get interested. Title: Re: What are the implications of this? Post by: afbitcoins on May 17, 2016, 08:28:17 PM Spike was Craig Wright, 80% sure of that. As for the actual implications, chances are nothing is going to come out of this. It was some people interested in Bitcoin because chances are they had no idea what it was, but I highly, highly doubt that we'll see anything more come out of this than maybe some people joining the community because of their interest in the technology or the community (or making money). I doubt something will happen, but you never know. That was 1 month ago. The mainstream is surely very slow to catch on. There must be some other news. Maybe venezuela or brazil economic problems, who knows. Or just some service opened up in a country and people get interested. I'm thinking its that creator of bitcoin story. Even my mum came to me saying she'd heard something about the bitcoin creator being found Title: Re: What are the implications of this? Post by: Evildrum on May 17, 2016, 08:31:24 PM When in doubt always point to China for the recent spikes on any graph,least thats how I do it.
The fear of financial stall is becoming ever more clear but some economists figure it will be a slow regression like Japan went through rather than a sudden drop off. Could also be related to the halving coming up and a lot of speculating around it. Title: Re: What are the implications of this? Post by: gentlemand on May 17, 2016, 08:35:40 PM When in doubt always point to China for the recent spikes on any graph,least thats how I do it. I'm not sure the Chinese bother with google in any numbers whatsoever. They have a mountain of their own internet infrastructure which we barely hear of in the west. Title: Re: What are the implications of this? Post by: tiggytomb on May 17, 2016, 08:39:28 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story.
Title: Re: What are the implications of this? Post by: USB-S on May 17, 2016, 08:45:05 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story. The spike is halving related. Even Craig Wright is halving related.Title: Re: What are the implications of this? Post by: 600watt on May 17, 2016, 08:50:27 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story. The spike is halving related. Even Craig Wright is halving related.so is the future of bitcoin. Title: Re: What are the implications of this? Post by: zimmah on May 17, 2016, 08:53:35 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story. true,m the craig = satoshi incident did spike a lot of search interest, but there is also renewed interested after that, which might be because of the upcoming halving, but might also be because more people are interested in bitcoin. any serious rise will often be predated by a surge in new interest. Title: Re: What are the implications of this? Post by: uki on May 17, 2016, 08:56:11 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story. This plus halving story. We have in this forum 100+ threads about halving that bring absolutely nothing new on the table. So sadly spike in google analytics is not yet a prove of a rally starting. most probably it is a false positive.Title: Re: What are the implications of this? Post by: Evildrum on May 17, 2016, 08:57:35 PM Doubt the public has anything to do with the halving news and that increasing the spike.
Seems a bit late for the Satoshi story but the public does tend to get their news at a slower rate if they are not online or tapped into the story personally. Title: Re: What are the implications of this? Post by: gentlemand on May 17, 2016, 09:24:45 PM I agree that the timing leans toward the whole Craig being Satoshi news, tons of people would have been exposed to that story. The spike is halving related. Even Craig Wright is halving related.I pissed out a kidney stone the size of a dinosaur egg last night. Halving related too. I can't wait to get it over and done with. |
