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A look at Google trends
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Topic: A look at Google trends (Read 1087 times)
aes1
(OP)
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A look at Google trends
May 02, 2013, 06:46:29 PM
#1
Interest in bitcoin seems to be heading down.
http://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
Now let's compare with the exchange rate:
There seems to be a strong correlation, which broke down at about 14th of April when the exchange rate started to climb again. I wonder why?
glendall
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Buzz App - Spin wheel, farm rewards
Re: A look at Google trends
May 02, 2013, 07:06:16 PM
#2
Not to hard to figure out.
BTC was receiving a lot of press.
So all the dudes and dudettes that heard of it & found it interesting decided to read up on it.
Now they know about it, and so it is not as interesting to many of them anymore.
People have short attention spans.
End of my story.
It'll be back in the press. I'm still waiting for the inevitable 'Bitcoin funds terrorism' news scare that I'm pretty sure will come one day, probably a few days before a big U.S regulation push.
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ManBearPig
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"Don't go in the trollbox, trollbox, trollbox"
Re: A look at Google trends
May 02, 2013, 10:53:20 PM
#3
Yeah makes sense. The price is dropping to what it would be without the latecoming speculators. Start again and build up from a higher base. Things are moving quicker than 2011 though.
I tweet crypto nonsense:
https://twitter.com/DunningKruger_
giarc
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Re: A look at Google trends
May 03, 2013, 12:07:34 AM
#4
Based on this $60 to $70 seems a reasonable target price.
If anything I've said is vaguely useful feel free to show your appreciation
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BIGMERVE
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Re: A look at Google trends
May 03, 2013, 12:14:57 AM
#5
The price influences google trends, not the other way around.
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niko
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Re: A look at Google trends
May 03, 2013, 12:17:11 AM
#6
Quote from: BIGMERVE on May 03, 2013, 12:14:57 AM
The price influences google trends, not the other way around.
This is correct.
They're
there
, in
their
room.
Your
mining rig is on fire, yet
you're
very calm.
jubalix
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Merit: 1022
Re: A look at Google trends
May 03, 2013, 05:09:55 AM
#7
Quote from: aes1 on May 02, 2013, 06:46:29 PM
Interest in bitcoin seems to be heading down.
http://www.google.com/trends/explore#q=bitcoin&date=today%203-m&cmpt=q
Now let's compare with the exchange rate:
There seems to be a strong correlation, which broke down at about 14th of April when the exchange rate started to climb again. I wonder why?
cheap coins yay!!!
Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws
https://www.binance.com/?ref=10062065
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