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Author Topic: google trends for "buy bitcoins" at record high  (Read 1425 times)
bullioner (OP)
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February 19, 2013, 10:11:52 PM
 #1

Sorry if this has already been noted, but http://www.google.com/trends/explore?hl=en#q=buy%20bitcoins&cmpt=q
HowGudAmI
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February 19, 2013, 10:47:16 PM
 #2

Very interesting bit of info, I suppose until we see this 'trend' slow off then we shall probably continue to see this steep growth in price.

Smiley
notme
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February 19, 2013, 10:53:57 PM
 #3

Please note that this data is always a few days behind.  I wouldn't use it to judge future demand.

https://www.bitcoin.org/bitcoin.pdf
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Luno
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February 19, 2013, 10:58:17 PM
 #4

And on the same page "Bitcoin MtGox" is 20% of the "buy bitcoin" search volume.

So real life volume is at least 5 times larger than what flows into Gox?

That means 480.000 BTC bought today, that can't be right?
humanitee
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February 19, 2013, 11:05:45 PM
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And on the same page "Bitcoin MtGox" is 20% of the "buy bitcoin" search volume.

So real life volume is at least 5 times larger than what flows into Gox?

That means 480.000 BTC bought today, that can't be right?

"Bitcoin MtGox" leaves out whether it's buying or selling the searcher is after.

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Spaceman_Spiff
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February 19, 2013, 11:08:48 PM
 #6

I think the trend for 'blockchain' is much more awesome.  These are people who are actually (trying to) understand bitcoin, not just buying on a fad.
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February 19, 2013, 11:18:43 PM
 #7

Nah, they just are looking for blockchain.info, not learning how the blockchain work

Koekiemonster
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February 19, 2013, 11:25:16 PM
 #8

It seems people are more likely to search "buy bitcoins" compared to "buy bitcoin" now than in June . Overall interest is still slightly lower I'd say.

http://www.google.com/trends/explore?hl=en#q=buy%20bitcoins%2C%20buy%20bitcoin&cmpt=q

https://www.bitbuy.nl - Koop eenvoudig, snel en goedkoop bitcoins bij Bitbuy!
Bitcointalk topic over Bitbuy!
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February 19, 2013, 11:28:12 PM
 #9

Meanwhile Eric is just looking at the trends and he's selling his google stock to trade BTC, amiright?  Grin Grin

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February 19, 2013, 11:45:06 PM
 #10

Please note that this data is always a few days behind.  I wouldn't use it to judge future demand.

Lol - burnt on the TA thread?
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