|
Title: Bitcoin price & Google Trends Post by: 🏰 TradeFortress 🏰 on January 23, 2013, 03:41:56 AM https://i.imgur.com/GwENNNJ.png
This picture sums it up pretty nicely :) From reddit/r/bitcoin Title: Re: Bitcoin price & Google Trends Post by: niko on January 23, 2013, 04:50:33 AM Yes, but the price change happens first so this isn't very useful for predictions, unless you want to predict google trends. Yes, there were numerous thread discussing this. Most data boils down to this: trends follow price closely, with some spikes related to news articles - but these spikes don't affect the price. Even major hacks/news/TV shows don't cause price swings. The mining difficulty follows price with a few weeks worth of lag. Too many variables, too many players. It's a chaos, and we are just chasing it and seeing patterns. Title: Re: Bitcoin price & Google Trends Post by: 420 on January 23, 2013, 09:43:22 AM psht. speculators
Title: Re: Bitcoin price & Google Trends Post by: DobZombie on January 23, 2013, 11:39:00 AM psht. speculators Tell me about it! They're even in the wrong sub-forum! wait... Title: Re: Bitcoin price & Google Trends Post by: SkRRJyTC on January 23, 2013, 12:35:35 PM https://i.imgur.com/GwENNNJ.png This picture sums it up pretty nicely :) From reddit/r/bitcoin Insignificant http://www.google.com/trends/explore#q=buy%20bitcoins%2C%20bitcoin%2C%20bitcoins&date=1%2F2011%2025m&cmpt=q Title: Re: Bitcoin price & Google Trends Post by: 420 on January 23, 2013, 08:44:42 PM https://i.imgur.com/GwENNNJ.png This picture sums it up pretty nicely :) From reddit/r/bitcoin Insignificant http://www.google.com/trends/explore#q=buy%20bitcoins%2C%20bitcoin%2C%20bitcoins&date=1%2F2011%2025m&cmpt=q Significant... someone's first going to learn about it. then they may decide to buy (small percentage of the people who searched just to learn about it) Title: Re: Bitcoin price & Google Trends Post by: dragonstone on October 12, 2017, 09:29:12 AM The Coindesk study only covered to 2015, has anyone done an updated look at correlation?
|