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Author Topic: Bitcoin more popular than USD on Google trends  (Read 755 times)
jinni
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April 13, 2013, 07:51:01 PM
 #1


Interest is surging for BTC.

We are now in the cyclical weekend dip of interest, but what will happen next week? Will we pass "dollar"

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BTC Books
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April 13, 2013, 08:25:26 PM
 #2

Ya know...

It's entirely possible that the USD isn't getting too many searches because... well... pretty much everybody already knows about it.  Cheesy

Dankedan: price seems low, time to sell I think...
arepo
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this statement is false


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April 13, 2013, 10:48:12 PM
 #3

yeah this is kind of silly data.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
18N9md2G1oA89kdBuiyJFrtJShuL5iDWDz
John Self
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April 13, 2013, 10:58:03 PM
 #4

Ya know...

It's entirely possible that the USD isn't getting too many searches because... well... pretty much everybody already knows about it.  Cheesy

 Grin

14GXJ3Q16PJNNF6v4iyxhvuhacuhvckMym
b!z
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April 14, 2013, 07:34:07 AM
 #5

Ya know...

It's entirely possible that the USD isn't getting too many searches because... well... pretty much everybody already knows about it.  Cheesy

+21 000 000 true fact.
Ekaros
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April 14, 2013, 08:19:06 AM
 #6

But it hasn't yet reached dollar. And it's far off from Euro Grin

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
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xorglub
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April 14, 2013, 08:39:05 AM
 #7

Who searches for usd on google ? They'll search for "dollar" or "us dollar" instead i guess.
BubbleBoy
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April 14, 2013, 10:58:40 AM
 #8

We are now in the cyclical weekend dip of interest...

Ya think so ? Without denying the direct cause effect between news, searches, and the bitcoin price, it seems this "weekend dip" of interest is quite different from the previous ones. The people searching for 'bitcoin' instead of being greeted with the familiar "the bitcoin bubble rising with no end in sight" storry, are now learning about a massive selloff that sent the price to 20% of it's peak. The first story incites greed and mania, the second story is a cautionary tale about people getting burned. It's much harder to sell the "1BTC=100.000$" story to dumb money because now they can see with their own eyes the market does not believe it. Plus, the news space is saturated, without major events like a 5x price increase there's no place for the news volume to go but down.

Call me a weak hand but I liquidated everything and I'm not touching coins for the next 3 to 6 months. There will be resistance on the way down and the occasional bull trap (like right now), but this rocket is landing. Sure, there are still money to be made in daytrading, but that's for professional traders.


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