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dego (OP)
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May 01, 2013, 05:38:32 PM |
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The current BTC hype is over. Google searches after bitcoin and related terms are declining slowly during the last weeks, since we had the BTC peak. See the Google Search chart here (the hype chart): Google search trends after 'bitcoin', 'bitcoins' and 'mtgox' So, let's wait for the next hype wave... but this could take some weeks, months, maybe years... |
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"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
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dbanga85
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May 01, 2013, 05:50:07 PM |
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The current BTC hype is over. Google searches after bitcoin and related terms are declining slowly during the last weeks, since we had the BTC peak. See the Google Search chart here (the hype chart): Google search trends after 'bitcoin', 'bitcoins' and 'mtgox'So, let's wait for the next hype wave... but this could take some weeks, months, maybe years... ok Bear boy |
Buy Low Sell HIGH is the Motto...
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Its About Sharing
Legendary
 Offline
Activity: 1442
Merit: 1000
Antifragile
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May 01, 2013, 05:54:42 PM |
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It might just take the next Cypress. But I don't think it will matter. We are still in the Black Swan phase here, the public is mostly in the black.
More VC's are directing money into it. It is just a matter of time right now.
IAS
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BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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dego (OP)
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May 01, 2013, 05:56:54 PM |
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ok Bear boy
bear or not.. BTC prices always rose and declined with the public interest, at least until now. For now, the interest is getting weaker... |
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Missionary
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May 01, 2013, 05:58:08 PM |
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ok Bear boy
bear or not.. BTC prices always rose and declined with the public interest, at least until now. For now, the interest is getting weaker... Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price? |
I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z You can find more information about my plans here: http://btcmission.com |
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dego (OP)
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May 01, 2013, 06:03:26 PM |
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Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price?
I bet it's both, like a self fullfilling prophecy. |
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Fiery Winds
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May 01, 2013, 09:45:58 PM |
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The problem with that chart (with respect to your interpretation) is that it deals with search volume relative to itself. The peak is simply the highest it has been, but it's not a value. The only thing that chart tells us is that ~5x more people compared to today searched for those terms at its peak. Do you think that all those people that searched back then suddenly forgot about Bitcoin because they haven't searched it again? Search volume spiked because a LOT of press was released very close together. |
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ElectricMucus
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Marketing manager - GO MP
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May 01, 2013, 09:48:14 PM |
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it works something like this:  |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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May 01, 2013, 09:55:17 PM |
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Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price?
I bet it's both, like a self fullfilling prophecy. So if both follow each other...aren't they both standing still? LOL so fail |
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