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Author Topic: Bitcoin getting exponentially higher search volume - will this continue?  (Read 1552 times)
imperi (OP)
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June 22, 2011, 04:02:48 AM
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Bitcoin since beginning.



Bitcoin last 30 days.



Mtgox last 30 days.


Do you guys think this trend will continue? Will search volume for Bitcoin overtake almost everything else, and will it never exit the news?
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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asdf
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June 22, 2011, 05:15:15 AM
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I've been watching this for months. It's been exponential the whole time. I think this trend will continue until bitcoin awareness reaches saturation point, after which, it will level off.

I expect the value of bitcoin to trail this graph.
imperi (OP)
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June 22, 2011, 05:20:34 AM
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I've been watching this for months. It's been exponential the whole time. I think this trend will continue until bitcoin awareness reaches saturation point, after which, it will level off.

I expect the value of bitcoin to trail this graph.

At a comparison, Facebook has been increasing quickly since the beginning in 2004-2005, and is just now starting to level off (arguably).

Bitcoins have only been mined for a year now, maybe a year and half, right? Considering half the forum posts are May or later roughly, it's only starting to take off.
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June 22, 2011, 05:21:30 AM
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The growth rate is explosive ! Smiley I am down for the long haul, and hope all of you are with me on this one.
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June 22, 2011, 06:46:12 AM
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Plenty of people still available:

http://www.google.com/trends?q=bitcoin%2Cpaypal&ctab=0&geo=all&date=all&sort=1
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June 23, 2011, 03:03:48 AM
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In 3-4 years time, we could be right up there with paypal.  Shocked

rly.. is that your idea of thinking big?  Undecided
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June 23, 2011, 03:06:55 AM
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My fear is that too many people will start jumping on this, thinking that they can make money on it. The difficulty will increase, for small-time miners like me, who hash at a modest rate, this could get unprofitable quite easily.
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