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Title: This is how i know the future price of Bitcoin Post by: BitApparel on February 14, 2014, 03:06:19 AM Title: Re: This is how i know the future price of Bitcoin Post by: Holliday on February 14, 2014, 03:07:02 AM What does it all mean Basil?
Title: Re: This is how i know the future price of Bitcoin Post by: kireinaha on February 14, 2014, 03:29:34 AM lol, that's a lagging indicator, it's not relevent for price forecasting.
Title: Re: This is how i know the future price of Bitcoin Post by: BitcoinAshley on February 14, 2014, 03:33:46 AM lol, that's a lagging indicator, it's not relevent for price forecasting. Not to mention, once we have reached a certain amount of saturation (a certain % of the general population knows what bitcoin is) the google trends charts are virtually meaningless. If I had a bitcoin every time some newb posted a google trends chart and pretended that he could predict future price with a lagging indicator... EDIT: "buy bitcoins" not so bad last 90 days: http://www.google.com/trends/explore#q=buy%20bitcoins&date=today%201-m&cmpt=q (http://www.google.com/trends/explore#q=buy%20bitcoins&date=today%201-m&cmpt=q) Title: Re: This is how i know the future price of Bitcoin Post by: smoothie on February 14, 2014, 03:35:25 AM Nice try using a lagging indicator to predict the future when Google trends is reliant on the price and interest of Bitcoin lol
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