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Topic: Google Searches of Bitcoin (Read 636 times)

member
Activity: 569
Merit: 88
Credibility: 999
April 20, 2020, 09:15:52 AM
#66
To be honest, I'm not any surprised about this. Because, I have been saying that within this period, people will get to know more about bitcoin (even tho they refuse to invest). Cool.... Huh? We'll, the main issue is that they results they find on their searches could be negative. It could convey something that isn't true about bitcoin. So, it's not just about that increase, it's about what they saw, learnt, and believe.
newbie
Activity: 10
Merit: 0
April 20, 2020, 08:38:26 AM
#65
I think financial specialists and swing brokers who are continually observing costs likewise added to the expanded level of Google look. Likewise, individuals who aren't Bitcoin adherents and are trying to ascertain how they will get current value slants and adapt.

Unquestionably, when the worth drops significantly its effect, it'll keep it up ascending until one year from now. Smiley
member
Activity: 686
Merit: 15
March 16, 2020, 08:07:29 AM
#64
Every day people get to ask me the future of bitcoin, I just tell them it's alive and doing well, their response will be we thought the TV news said it has crashed in price, I will just give them a quick bitcoin price conversion site and tell them to monitor it in 1 month and differentiate between the media reportage. People are been feed wrong info about bitcoin by the media, they have now turned to google for help.
hero member
Activity: 2660
Merit: 551
March 16, 2020, 04:51:39 AM
#63
New update here :

The google search of bitcoin exploded again in google in the past week according to data from Google Trends, Even the market of bitcoin experience a big dump.


So can we say right now that there are no correlation as far as bitcoin prices and google searches now? Because as you have said, we have a dump but the searches continue to soar? Or is this just an isolated case?
newbie
Activity: 34
Merit: 0
March 16, 2020, 04:49:45 AM
#62
I've got online winget on my wallet. Kinda works better that googling it
sr. member
Activity: 1876
Merit: 437
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March 16, 2020, 03:43:00 AM
#61
New update here :

The google search of bitcoin exploded again in google in the past week according to data from Google Trends, Even the market of bitcoin experience a big dump.

legendary
Activity: 1372
Merit: 1027
Dump it!!!
February 16, 2020, 01:48:25 PM
#60
I don't necessarily think there is a true correlation between the number of Google searches for X and the price action for X.

Just because more people know about Bitcoin, this would inevitably lead to more searches.

You'll also find that a huge number of people also search for Bitcoin during the biggest dips and crashes, hence why the usefulness of the metric is pretty much moot.

Since it only predicts either a pump or a crash.
full member
Activity: 336
Merit: 101
KoinPro
February 16, 2020, 01:14:04 PM
#59
This is definitely an indication of the interest of new money or potential investors in Bitcoin and the cryprocireenxy market in general.  As prices continue to rally, the interest of people can only increase because the profit potential that exists within the cryprocurrency space is unreal.  The price of BTC is already up over 30% YTD.
hero member
Activity: 1890
Merit: 831
February 16, 2020, 09:47:06 AM
#58
Most of them should be from the investor who are checking each and every move second by second , waiting for the right moment , increasing the number of searches doesn't matter what matters is the number of new people who are searching , I do think if it's 33% then around 10-11% are the New people who are leaning about Bitcoins now because the price is getting amazing and people are seeing how profitable it is gonna be in the future.
hero member
Activity: 2268
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You own the pen
February 16, 2020, 08:05:48 AM
#57
I think those people are only new to the crypto industry, I mean those who are potential investors who want to try to invest in this ongoing uptrend. Of course, they need to arm themself with some information on what is going on, on what they should know about the incoming BTC halving. Since we're talking about money here, there's no surprise why more people are becoming attracted to the current state of the crypto market. expect more people to search those keywords because we are getting close to what we are expecting and that is the Bitcoin halving.
sr. member
Activity: 1162
Merit: 252
February 16, 2020, 05:58:05 AM
#56
It seems that people have high hopes for Bitcoin halving. Interest is really bullish, well see if it will be successful

This indicates that bitcoin is increasingly popular throughout the world, we can also prove that every day the number of information seekers about bitcoin is increasing, I think it will increase even more when it is approaching halving.

This can be one of the positive information that bitcoin will gradually be able to respond to what we need in addition to using the FIAT currency and can be one thing that is very beneficial when we are a traveler because they do not need to charge money to be able to get money from the country that we are aiming for when the country has truly legalized bitcoin in the future
sr. member
Activity: 1624
Merit: 267
February 16, 2020, 05:03:07 AM
#55
Good to see that there are many people are interested in the bitcoin but not all the people who already searching bitcoin are interested only some of them and the others of that is only curious about bitcoin.

Im not shock because of that because people are always doing that because they research a thing once it's popular or famous just like bitcoin.
full member
Activity: 1316
Merit: 126
February 16, 2020, 04:32:41 AM
#54
I am pretty sure that he wants to provide information about increasing people's interest in bitcoin, and I think this will continue to happen as bitcoin prices continue to grow. out there, there are people who know about bitcoin and don't care about it, and when they see the current situation, they come back to care and look for information on how to produce bitcoin. I think that the search for bitcoin will continue to grow at this time.

Whenever the price goes up it will attract attention from investors that is why we can see searches spike because more and more people are intrigued by how the price is doing and potential investors who plan to invest in bitcoin are now checking how the upcoming halving to the current market trend. Aside from that, it is only an evidence that more and more people are now drawn to bitcoin and it is only a matter of time that most people will adopt bitcoin.
hero member
Activity: 1932
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February 16, 2020, 04:23:18 AM
#53
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$



We also have bitcoin halving google searches that increase since there are only 3months before the bitcoin halving.




Reference:
https://bitcoinist.com/bitcoin-google-searches-surge-as-crypto-bulls-gather-momentum/

This is because the price is bitcoin is steadily increasing and a 37% increase of bitcoin price in less than two months is surprisingly unexpected and other are very excited for it as it is the best chance to change the market from bear into bull.

The hype is very sharp because of the upcoming halving and the searches goes that high because of this reason. Bitcoin still dominating other currencies and believe me or not, the prices of other currencies are very dependent to bitcoin.
legendary
Activity: 2492
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February 16, 2020, 03:31:45 AM
#52
It seems that people's interest in bitcoin is increasing. Those who used to ignore bitcoin are now eager to learn about bitcoin again. This is a good sign. There is another thing here as well. Bitcoin traders and Investors Search bitcoin to find the latest bitcoin news. Every day I do a lot of Google searches myself by writing Bitcoin. But it is good to see that people's interest in bitcoin is growing very well. 33% search result increase which is good.   
The growth that the market produce is the primary reason I think that people searched bitcoin recently on google. People is interested when a certain asset goes up, People might be heard the news on articles that are produced almost every day about bitcoin. And we crypto users cannot deny that we are searching bitcoin recently because we are finding news about it. But it's good and nothing to worry about since the more people are searching about is the more they are feeding their knowledge about bitcoin and it is good for the aspiring users and the current users.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
February 16, 2020, 03:06:47 AM
#51
Bitcoins price is the real reason why google search for bitcoin increased by a whopping 33%. Of course, whenever bitcoins price surpass some milestone like the $10k mark a lot of people will post updates about it and most of their followers will get curious about what is bitcoin. Especially in social media and the news or media in general, bitcoin makes headlines about its price which drives people to search about bitcoin.
Yes and it is only natural,

This sudden increase in price of bitcoin which is unexpected to everyone gets the attention of a lot of people (crypto and non-crypto user). As what you have said, a lot of people sharing this sudden increase in social media, including I is actually sharing updates about its price, so many of my friends are also asking about what it is.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
February 16, 2020, 02:17:04 AM
#50
It seems that people's interest in bitcoin is increasing. Those who used to ignore bitcoin are now eager to learn about bitcoin again. This is a good sign. There is another thing here as well. Bitcoin traders and Investors Search bitcoin to find the latest bitcoin news. Every day I do a lot of Google searches myself by writing Bitcoin. But it is good to see that people's interest in bitcoin is growing very well. 33% search result increase which is good.   
hero member
Activity: 2604
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February 16, 2020, 01:28:10 AM
#49
Well, if one thing gets famous I am sure it will be trending in searches as some people will definitely get curious about the situation just like what happened to Bitcoin 2-3 years ago. When BTC went ATH, altcoins are affected too. I think this is one form of BTC awareness. The more people get their interest in Bitcoin, the more it becomes popular and who knows if stays as popular as it is there'll be more people and establishments that are going to use the service.

Yes, the history will repeat again, and we will see people will search more about bitcoin, and that can make the search of bitcoin will increase too. With so many people find out about bitcoin, that can help bitcoin more popular and reach more people too. And when bitcoin become popular than now, people will use bitcoin, and there will be an increasing number of people who are trying to use bitcoin in their daily life.
sr. member
Activity: 1638
Merit: 300
February 15, 2020, 07:59:16 PM
#48
I think this doesn't mean that there are a lot of people that is wanting to know more about bitcoin. These searches can't say who is using bitcoin and who is not using it. I am still searching bitcoin on google to find updates I can't see on the people I am following on social media and other pages.
sr. member
Activity: 1484
Merit: 276
February 15, 2020, 07:58:00 PM
#47
Bitcoins price is the real reason why google search for bitcoin increased by a whopping 33%. Of course, whenever bitcoins price surpass some milestone like the $10k mark a lot of people will post updates about it and most of their followers will get curious about what is bitcoin. Especially in social media and the news or media in general, bitcoin makes headlines about its price which drives people to search about bitcoin.
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