You selected July, not August. August 3rd: Search volume goes up (as price happens to fall) August 4th: Price rises (as search volume happens to fall) Again, the day after higher search volume, the market seems to have reacted.
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This would also have made you buy on Aug 03, losing money.
This is a search volume graph, not a financial graph. The market lags a day behind heavy news and search traffic. Price may shoot up on a day that search volume falls. Do you have historical daily prices saved somewhere? I do not recall if btc price fell significantly on the 4th.
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...possibly something I'd consider making some day... What would be essential subjects / events that would go good in a scrapbook? So far I've got: EventsGavin visits CIA Senators target silk road, citing bitcoin Allinvain's loss Gox hack Bitomat fail Dwolla reversals MyBitcoin's ... whatever it turns out to be Meze Grill brick & mortar exchange BitCon in NYC CommunityMassive mines like http://www.youtube.com/watch?v=eLt8Se3vVNgWe use carrots Brain damaged miner DEA mine raids (so far unsubstantiated) ASCII art embedded in block chain Buttcoin Laszlo's pizza Bitcoin Police UABB Ways of showing addictionBitBills Tattoos Bitcoin custom license plate Metal bitcoins Dude who made weird videos in a coin costume BTW, if you're unfamiliar with anything here, look it up, it's part of our history.
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The markets tend to go up the day after heavy news and search traffic. I had noticed a week-long trend of increased searches but the market had been staying even, so it was to be expected that it would make a strong move. If you were following search trends during the last couple of weeks where price was very stable but drained a few cents every day, search volume for bitcoin was remarkably flat. http://www.google.com/trends?q=bitcoin&ctab=0&geo=all&date=mtd&sort=0
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choose either bitcoinfinancial.info, bitcoinsecurity.info, bitcoininvesting.info, or bitcoinmoney.info
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Please tell me these replies are as fake as the article
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d9000, you have a great eye for aesthetics, and your camera work is excellent. What did you use for the pics?
Geesh, your website looks KILLER too. I know that's a template but do you do design?
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Pretty sure that thread is the #1 viewed thread of all time on here. There aren't any competing bitcoin forums with traffic even close to what you get here, so it's gonna happen. Shame, but whatever.
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Hashes to Ashes; Dust to DustA terminally ill bitcoin miner has drawn up a will stipulating that his body be consumed by fire created by his bitcoin mining rig...
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let you play minesweeper
act as a heater
blow hot air at you
act as a paperweight, coaster, or bookshelf
lull you to sleep with its hum
act as a conversation starter to anyone who dares enter your mineshaft
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Great article, had a few good laughs. Care to share the full one with us?
I'm actually not allowed to, by way of a contract!
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Nice one. That was a fun read Thanks. The funny thing is before I sent it to the editor it was even longer! But he probably knows better than me what the attention span of the average internet person is nowadays.
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It's not your normal financial FUD though. It's a take on our unique culture that I wrote for Slacktory - kind of like a roast of our community on a late night TV show. You can thank me later for stopping the difficulty from going up much. http://slacktory.com/2011/08/bitcoin-mining-fun-loss/
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Good luck, no ill will here. I think the 10 btc min increment is a little high though. Maybe cause it just started.
Haters: All the people who got BTC at .01 - are they supposed to sell now for around the same price they bought it at? If this flusters you, using the same ratio, you would even react negatively to them trying to sell at $1 per coin right now.
It's not what you paid for it then, it's what others will pay for it now. Sorta like antiques.
Maybe sales of big names should stay on Sedo so no one gets exposed to the reality of pricing.
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I'll try this once more at the same price, but now it's cheaper in USD!
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You're the guy who bought that through my affiliate link aren't you
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