Topic: Google Searches of Bitcoin - page 2. (Read 625 times)
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.
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$
yes, i might want to ask....! But what should I ask Google.What can be done with a 33% jump in goolge. Did we get anything about Bitcoin, I don't think so.
This kind of thing is an internet phenomenon that is never separated, maybe you should update this topic again, until the end of 2020.
Maybe Bitcoin will jump up sharply like 2017 has passed.
So, you might be impressed.
One of the famous and fastest search engine today is with the use of google that is supported with the Microsoft and now many people want to use this search engine to find some information with the use of cryptocurrency because most of the time when the bitcoin and other coin gains a lot of popularity and income they getting caught their attention and search about cryptocurrency and what are those related so they can try and invest. Base on the data showed came from the google that the bitcoin and other cryptocurrency-related topics commonly search because some of them just want to gather information about crypto-related and some of them want to know if the market price of the coin is profitable and lastly is what is bitcoin and cryptocurrency all about.
Whenever the price of Bitcoin is going up or a huge event is approaching, the media starts talking about Bitcoin and that is what causes a lot of people to start searching for it on Google. I wouldn’t be surprised that so many people would start buying Bitcoin now due to the stories they have heard of it in the past. Things like this can cause an increase in the market.
Let us wait and see what happens after the next halving, I have this feeling that there is going to be a big increase starting from when the Halving occurs. The price has been moving up a bit and before you’d know it, it would reach a very high price.
Let us wait and see what happens after the next halving, I have this feeling that there is going to be a big increase starting from when the Halving occurs. The price has been moving up a bit and before you’d know it, it would reach a very high price.
Many people are interested in the news that Bitcoin will be halving in May. This has sparked public interest in getting the latest news about bitcoin.
Then bitcoin is able to reach prices above $ 10,000 and then continue to rise. This makes both old and new investors enter the bitcoin market.
Bitcoin prices go up certainly affect the altcoin that will do the recovery when bitcoin sideway in some time. Bitcoin dominance has decreased and this will be the Alt season that many people have been waiting for.
Many Good news supports Bitcoin to rise and many bitcoin experts also predict bitcoin will reach a new ATH later. Hopefully the market situation will continue to improve and we will celebrate together.
Agree, surely a lot of people are getting interested in this bitcoin event of bitcoin halving aside from curiosity people also need information about what really is going to happened in this event.Then bitcoin is able to reach prices above $ 10,000 and then continue to rise. This makes both old and new investors enter the bitcoin market.
Bitcoin prices go up certainly affect the altcoin that will do the recovery when bitcoin sideway in some time. Bitcoin dominance has decreased and this will be the Alt season that many people have been waiting for.
Many Good news supports Bitcoin to rise and many bitcoin experts also predict bitcoin will reach a new ATH later. Hopefully the market situation will continue to improve and we will celebrate together.
Also, this could have a big impact talking about the market price of bitcoin surely this event is rumor to be the key to a big increase in the bitcoin market price but could also be a big dump in the price.
Anybody already active in Bitcoin's ecosystem doesn't use Google, he/she uses bookmarked pages. Imagine yourself active in cryptocurrencies and so visiting related websites daily/weekly, do you type the keywords daily in the search box or do you save pages in bookmarks to save your time? I guess your bookmarks...
I'm interested in which bitcoin related sites you have bookmarked, because to me, getting a result related to bitcoin news from different ranked pages each time I search is unnerving. Just a handful of reputable sites is good enough, like a dozen or so. It's also possible that looking up some bitcoin terminology or discussion about a technical concept on google takes you to a site that has a bad credibility.
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$
yes, i might want to ask....! But what should I ask Google.What can be done with a 33% jump in goolge. Did we get anything about Bitcoin, I don't think so.
This kind of thing is an internet phenomenon that is never separated, maybe you should update this topic again, until the end of 2020.
Maybe Bitcoin will jump up sharply like 2017 has passed.
So, you might be impressed.
One of the famous and fastest search engine today is with the use of google that is supported with the Microsoft and now many people want to use this search engine to find some information with the use of cryptocurrency because most of the time when the bitcoin and other coin gains a lot of popularity and income they getting caught their attention and search about cryptocurrency and what are those related so they can try and invest. Base on the data showed came from the google that the bitcoin and other cryptocurrency-related topics commonly search because some of them just want to gather information about crypto-related and some of them want to know if the market price of the coin is profitable and lastly is what is bitcoin and cryptocurrency all about.
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$
This is a good idea because there is a possibility that some investors is looking for it since it has a good market amount. They might be thinking that why not invest into it since the value of it is continuously rising. In that case, the value of bitcoin will rise up even more since the demand of the consumers will become higher day by day because of the news that they read. 
Which could trigger price movement up or it won't 
.
You never know, if 33% is enough to make ripple effect or it needs 50-70%.
Yes it could trigger IMO, ripple effect doesn't really concern the possibility of such surge especially if the market is full of hype. Like the halving of btc which literally gain so much effect since the start of 2020.. You never know, if 33% is enough to make ripple effect or it needs 50-70%.
And I think, they are in between now whether to buy before it pumps more or wait until it dips.
Still weighing if the time is actually good and can produce a good profits if they turn or decided to buy now. But only traders can specifically predict which track btc could dive. For now, I think better yet to trade minimal btc and keep holding cause halving is just 3months away. I dont know if the market can still pullback in spite of continuous pump.
I don't think so, the time was good before everybody else got interested, once that happens it is too late. If this brings a bull run it will correct but the chances of correction increase when more and more people try to get in (late).
If you quietly invested before the 33% increase, back when it felt "boring" (sideways?) then now you could be deciding if taking profit or wait some more.
Google Searches of bitcoin is up 33% because of the trending market price of 10,000$
yes, i might want to ask....! But what should I ask Google.What can be done with a 33% jump in goolge. Did we get anything about Bitcoin, I don't think so.
This kind of thing is an internet phenomenon that is never separated, maybe you should update this topic again, until the end of 2020.
Maybe Bitcoin will jump up sharply like 2017 has passed.
So, you might be impressed.
This is what you expect if the price of bitcoin will keep on increasing. We already know that number of bitcoin users is increasing as well and there's no doubt if bitcoin will keep on climbing, many people will gain back their trust on it. The percentage that was given by OP is the evidence that many people are interested in bitcoin. If ever there will be more people who'll get interested in bitcoin, the more chances that it will rise up again to the moon. When it comes to the Google search I usually check the price of bitcoin so I guess by just searching the price frequently by a single person, it will add up to the percentage.
that 33% coming from How many searches?because it can be same users that searching time and time again that is why the percentage goes up but not really a thing to celebrate.
searches are nothing if the investment is not going follow because search cannot make the price grow mate.
but thanks for the share though i don't see anything important,Sorry.
searches are nothing if the investment is not going follow because search cannot make the price grow mate.
but thanks for the share though i don't see anything important,Sorry.
Nah, I think Google's a bit smarter than that but yeah the point is, the algorithm's not open (and probably shouldn't be or people will game it even more than they already do) and pretty much broken to use as a really useful and objective metric. It's still important and has some meaning, just how much of it we should accept will always be the problem. I'm pretty sure searching it 100x won't make a difference as to searching it 1 time a day if bringing you the same results and forward action.
What's great for me is, as most people move away FROM Google, that it's still able to maintain this kind of interest simply means new people who're still likely to use google to search for Bitcoin means there really is new interest coming in.
~snip~
Basically for us to perceive and interpret the information provided by the graph and your computation, it seems that the number of searches means and increase with direct proportion to the number of person getting curious about what bitcoin is. If the searches is merely "What is Bitcoin", and not the kind of searches that traces existence of the word "Bitcoin", my conjecture of bitcoin being popular because of curiosity is true. Nonetheless, it turns out to be false if the system of google will just track phrases of searches that includes "Bitcoin".
for me, no matter where it falls, what important is that, I am sure that there are new people being introduced to cryptocurrency, and this simple curiosity that they have would be the same as what we've experienced before and will surely lead to an increase in demand of bitcoin.
you guys already know what it means if people increases demand in bitcoin
Since the psychological limit of the $10 000 was breached, it's quite normal that the number of searches involving BTC has increased. This is due to the usual local media starting to publish articles about how BTC has seen growth of as much as 40% since the beginning of the year. Most of them check the news coming from the local level further on the internet, and fact is that most users today use Chrome and Google search.
This is a classic chain reaction which, depending on the further movement of the price of BTC can get even more intense, or slowly calm down and disappear again until some new opportunity.
This is a classic chain reaction which, depending on the further movement of the price of BTC can get even more intense, or slowly calm down and disappear again until some new opportunity.
Google searches about Bitcoin went up so? I think there is nothing special about it.
This doesn't mean that the market would go up we don't even know if they are some new about Bitcoin or just maybe checking the price every now and then.
We couldn't tell if this would bring a new investors to the market or the rise is due to us investors who are always checking the price.
It's probably a more psychological effect. Our brains are used to sending us the command to constantly check something out when it becomes popular.This doesn't mean that the market would go up we don't even know if they are some new about Bitcoin or just maybe checking the price every now and then.
We couldn't tell if this would bring a new investors to the market or the rise is due to us investors who are always checking the price.
Those browsing the internet are probably typing in on Google the word "Bitcoin" more than they used to in the past few months/years because it is starting to rise again. When the price consolidates, they stop searching for it because it doesn't present any interest to them. In markets, weak hands are always more in number than the strong ones. Weak hands do exactly this.
The increase in the amount of Google searches about Bitcoin happened before,but we should try to analyze it somehow.What people are searching "bitcoin" in Google search?Are they noobs,who heard about bitcoin for the first time?Are they experienced bitcoin traders and HODLers,who are just searching more often about bitcoin because of the price pump?I really doubt that Google Trends can pull off such precise info.Maybe they will improve their service in the future.
does this matter ? i dont think its possible to breakdown the category of the searchers ( e.g if he is noob , pro or what is his purpose for searching ) but it only matters here is that all of them search bitcoin and that makes bitcoin trending on google . its normal for the bitcoin to become trending because of its value that is now increasing and also because bitcoin is getting older . many countries and people are now starting to equiped thier selves with knowledge on how to deal with this bitcoin .
The increase in the amount of Google searches about Bitcoin happened before,but we should try to analyze it somehow.What people are searching "bitcoin" in Google search?Are they noobs,who heard about bitcoin for the first time?Are they experienced bitcoin traders and HODLers,who are just searching more often about bitcoin because of the price pump?I really doubt that Google Trends can pull off such precise info.Maybe they will improve their service in the future.
questions that must be addressed for us to identify what is the result or effect of this Google search about Bitcoin.that first question is really connected because just like me when i first heard Bitcoin i did search for this and read some articles,but after that i become busy and forget for a while.
i think that if what is happening now because of the Pump In market prices so people now are again being curious about This market and how can they may earn money from this.
I am searching the keyword "btc to usd" quite a lot in Google every day now and then, since the breach of 9k so I think that I am not the only one that searches these kinds of things in it. I don't really care too much about the falls nor reasons for halving as I take every opportunity to invest every now and then.
You would expect the same as what happened to the price during the end of 2017 when it reached almost 20k that time.
I expect that sometime in the future that Google Search will also get a lot of searches like "Merchants that accepts Bitcoin".
You would expect the same as what happened to the price during the end of 2017 when it reached almost 20k that time.
I expect that sometime in the future that Google Search will also get a lot of searches like "Merchants that accepts Bitcoin".
Pretty obvious though that Google searches and Bitcoin price have correlation. Here you can find it being discussed in this community in 2013:
Google trends and the bitcoin price.
And here in Sept 2017 study, even prior to the peaked of Bitcoin price in December.
The price of Bitcoin has a 91% correlation with Google searches for Bitcoin
So expect a lot of this kind of trend correlations popping up, just saying.
Google trends and the bitcoin price.
And here in Sept 2017 study, even prior to the peaked of Bitcoin price in December.
The price of Bitcoin has a 91% correlation with Google searches for Bitcoin
So expect a lot of this kind of trend correlations popping up, just saying.
that 33% coming from How many searches?because it can be same users that searching time and time again that is why the percentage goes up <…>
Google Trends does not take into account searches made by the same person (IP I figure) over a small time interval (they do not specify the details here).There’s also another important factor to consider, and that is that Google Trends does not ponder all searches on their engine (which they state are in the range of billions per day), but rather a sample, rather much like surveys do that then extrapolate over the total population. Thus, the data is as good as the sample they use (of which we have no details).
Data points on their charts are also relative and not absolute. That means that a constant number of searches will possibly show in a non-linear manner on the chart, if the proportion of global searched varies.
Say for we have 1M flat searches for the term Bitcoin every day (for the sake of this example), over 1Billion global searches on Google per day. Now suppose that for whatever reason Google searches drop to 0,9 Billion searched. The effect is that, with the same number of searches made for the term "Bitcoin" the relative ratio will rise (1M/1B -> 1M/0,9B), and thus the chart will present a spike in searches. It’s true in relative terms (to all Google searches), which is what is being charted, but not in absolute terms (which are not charted).
See https://support.google.com/trends/answer/4365533?hl=en&ref_topic=6248052
The increase in the amount of Google searches about Bitcoin happened before,but we should try to analyze it somehow.What people are searching "bitcoin" in Google search?Are they noobs,who heard about bitcoin for the first time?Are they experienced bitcoin traders and HODLers,who are just searching more often about bitcoin because of the price pump?I really doubt that Google Trends can pull off such precise info.Maybe they will improve their service in the future.
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