Bitcoin Forum

Economy => Speculation => Topic started by: the joint on January 11, 2012, 03:02:20 AM



Title: Google Trends
Post by: the joint on January 11, 2012, 03:02:20 AM
The correlation between the Bitcoin's price and Google Trends has always been interesting.

Check it out now.

http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0 (http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0)


Title: Re: Google Trends
Post by: StewartJ on January 11, 2012, 03:09:18 AM
The correlation between the Bitcoin's price and Google Trends has always been interesting.

Check it out now.

http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0 (http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0)

Finland, Sweden and Norway, in the top 5 for Bitcoin related searches.

Those Scandinavians are so clever.


Title: Re: Google Trends
Post by: Elwar on January 11, 2012, 12:52:56 PM
The Bitcoin price has always been a good way to determine the future google trends...


Title: Re: Google Trends
Post by: arepo on January 11, 2012, 01:39:42 PM
The Bitcoin price has always been a good way to determine the future google trends...

this


Title: Re: Google Trends
Post by: Bro on January 12, 2012, 10:45:56 PM
not that simple, rising prices drive the searches, but more searches generates more articles and gives more exposure which adds new adopters and drives the prices up

it is some sort of closed loop exponential feeding law, when the black hole collapses, it looks like the same occurs but in reverse

how long between two cycles? 100% psychological: until people forget and journalists/bloggers think it's time to make an article about bitcoin again because people forgot about it


Title: Re: Google Trends
Post by: tvbcof on January 12, 2012, 11:46:15 PM
The correlation between the Bitcoin's price and Google Trends has always been interesting.

Check it out now.

http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0 (http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=ytd&sort=0)

Finland, Sweden and Norway, in the top 5 for Bitcoin related searches.

Those Scandinavians are so clever.

Or it's just damn cold and miserable outdoors at this time of the year.



Title: Re: Google Trends
Post by: arepo on January 13, 2012, 11:30:16 PM
not that simple, rising prices drive the searches, but more searches generates more articles and gives more exposure which adds new adopters and drives the prices up

it is some sort of closed loop exponential feeding law, when the black hole collapses, it looks like the same occurs but in reverse

how long between two cycles? 100% psychological: until people forget and journalists/bloggers think it's time to make an article about bitcoin again because people forgot about it

how do more searches 'generate' more articles?


Title: Re: Google Trends
Post by: Bro on January 14, 2012, 02:36:05 PM
if the price collapses now (when there's growth in the number of articles), my theory will be disproved


Title: Re: Google Trends
Post by: chmod755 on January 14, 2012, 03:45:18 PM
Quote from: Google Trends
1.    Finland   (AAA)
2.    Russian Federation
3.    Sweden   (AAA)
4.    New Zealand   
5.    Norway   (AAA)
6.    United States   
7.    Czech Republic   
8.    Canada   (AAA)
9.    Germany (AAA)
10.  Australia (AAA)

6 out of 14 nations rated AAA by S&P are very interested in Bitcoin  :D


Title: Re: Google Trends
Post by: John (John K.) on January 14, 2012, 03:50:26 PM
Bitcoin prices affect interest in it and thus google trends...


Title: Re: Google Trends
Post by: M4v3R on January 14, 2012, 03:52:02 PM
You forgot Poland.

:D