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Author Topic: This is how i know the future price of Bitcoin  (Read 701 times)
BitApparel (OP)
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February 14, 2014, 03:06:19 AM
 #1



just compare this to the bitcoin graph.

Lol easy way to win.

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Holliday
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February 14, 2014, 03:07:02 AM
 #2

What does it all mean Basil?

If you aren't the sole controller of your private keys, you don't have any bitcoins.
kireinaha
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February 14, 2014, 03:29:34 AM
 #3

lol, that's a lagging indicator, it's not relevent for price forecasting.

Night gathers, and now my bitcoinwisdom watch begins.
BitcoinAshley
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February 14, 2014, 03:33:46 AM
 #4

lol, that's a lagging indicator, it's not relevent for price forecasting.


Not to mention, once we have reached a certain amount of saturation (a certain % of the general population knows what bitcoin is) the google trends charts are virtually meaningless.

If I had a bitcoin every time some newb posted a google trends chart and pretended that he could predict future price with a lagging indicator...


EDIT: "buy bitcoins" not so bad last 90 days: http://www.google.com/trends/explore#q=buy%20bitcoins&date=today%201-m&cmpt=q
smoothie
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February 14, 2014, 03:35:25 AM
 #5

Nice try using a lagging indicator to predict the future when Google trends is reliant on the price and interest of Bitcoin lol

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