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Title: "Bitcoin Bubble" Google Trends Post by: bb113 on April 07, 2013, 12:16:48 PM http://i48.tinypic.com/258qgd0.png https://www.google.com/trends/explore#q=bitcoin%20bubble&date=1%2F2013%2012m&cmpt=q Interesting that this looks like more of a bubble than USD/BTC. This can be taken advantage of, watch out. Quote However high the prices of bubble assets go, they do remain the same goods. In the case of a monetization event, though, the practical use-value of the trading unit (not only its price in terms of other goods or monies) actually does rise with the number of people using it and the depth of the market. http://konradsgraf.com/blog1/2013/4/6/hyper-monetization-questioning-the-bitcoin-bubble-bubble.htmlTitle: Re: "Bitcoin Bubble" Google Trends Post by: oakpacific on April 07, 2013, 12:21:33 PM If the search volume was nearly zero for a long time, then it's certainly going to look like a rocket when some volume is registered.
Title: Re: "Bitcoin Bubble" Google Trends Post by: Jobe7 on April 07, 2013, 12:44:39 PM Thank OP, interesting to see, and to add to what you've shown.
What I find quite intriguing is how quite a lot of people view btc with 1950's goggles (think 'beer goggles'). With a view to - news about the new currency & moving the currency around to show new and introduce it to new people. When gold/silver was introduced, what was the median of spreading its use? Horseback? walking? crappy boats? When fiat was introduced (1694) what was the median of spreading its use? Cart? more horses? better ships? When btc is introduced (2009) what is the median of spreading its use? |
