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Author Topic: What Is Satoshi Cycle?  (Read 82 times)
CryptoBry
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November 04, 2017, 08:11:58 AM
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TERM OF THE DAY: Satoshi Cycle

Satoshi Cycle is a crypto theory that denotes to a high correlation between the price of Bitcoin and internet search for Bitcoin. The term was coined by Bitcoin expert Christopher Burniske on August 2017 when Bitcoin hit a record high.

So is this really true? Since Bitcoin is surging this week maybe there is also a corresponding increase in searches for Bitcoin related terms or keywords...let's see.

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November 04, 2017, 08:19:39 AM
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I can't  see that it's a cycle. If the price goes up, then it is natural for people to look for a reason. The same thing probably happens with gold, copper, dollars and other investments.

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November 04, 2017, 09:08:35 AM
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I'd say it's true, if you take a look at Google Trends: https://trends.google.com/trends/explore?q=bitcoin
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