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Topic: Google Trends and Main Client Downloads Are At Month Lows (Read 1180 times)

member
Activity: 84
Merit: 10
supernode
The proice follow google trends not opposite guys.
full member
Activity: 204
Merit: 100
Once you've downloaded the client once, there is no need to redowload it until a new version comes out.
Same for searching, on a less definite scale.

Btw, has anyone compared subsearches vs trend, ie "buying bitcoin" vs "mining bitcoin" ?
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
Maybe people started downloading other clients than the bitcoin-qt one. With the new bitcoin website other clients too are reported, not only the qt one.

Wow that blockchain.info logarithmic graphic is impressive

This. I downloaded bitcoin-qt 2 years ago. Only just learned that blockchain.info had launched features beyond providing info on the block chain.

You guys don't get it do you....how popular the client is, is not a matter at all because its not a variable when considering a one month period. The only thing that matters is whether its trending up or down - we're not looking at the absolute numbers. If it's not a popular client its not likely to get much downloads last week either, so why less people downloaded it this week? = because less new people came in this week compared with the last.
legendary
Activity: 1246
Merit: 1010
full member
Activity: 238
Merit: 100
There are better clients such as Multibit that deserve more attention.
newbie
Activity: 28
Merit: 0
Maybe people started downloading other clients than the bitcoin-qt one. With the new bitcoin website other clients too are reported, not only the qt one.

Wow that blockchain.info logarithmic graphic is impressive

This. I downloaded bitcoin-qt 2 years ago. Only just learned that blockchain.info had launched features beyond providing info on the block chain.
sr. member
Activity: 434
Merit: 250
Hmm if you ask I might not...

I was supposing you were being sarcastic, as in "sure, the price will only go up uP UP!".  Undecided
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
I was answering to your "up uP UP".

So, did you get the joke?
sr. member
Activity: 434
Merit: 250
I was answering to your "up uP UP".
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP

Don't bear me up on this, I'm only pointing out that the number of users is growing exponentially.
FWIW, price could fall regardless of the number of users.

That chart are the number of mywallet transactions, not the price.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Maybe people started downloading other clients than the bitcoin-qt one. With the new bitcoin website other clients too are reported, not only the qt one.

Wow that blockchain.info logarithmic graphic is impressive
sr. member
Activity: 434
Merit: 250

Don't bear me up on this, I'm only pointing out that the number of users is growing exponentially.
FWIW, price could fall regardless of the number of users.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
sr. member
Activity: 434
Merit: 250
So? It's in logarithmic scale...
newbie
Activity: 14
Merit: 0
pllus 100, well said sir
sr. member
Activity: 457
Merit: 250
Look for the bear necessities!!
Right now the price is being controlled/pushed by speculators and Silk Road.  It's always been this way, though.
full member
Activity: 364
Merit: 100
Justice as a Service Infrastructure
As the title suggests, if you look at Google Trends or Sourceforge download statistics, we can see that we're at the lowest point in the past month. You can argue at how important or valid those barometers are, but they're certainly not bullish. The hysteria has definitely died down.

If we look at it from a more real-life perspective, despite all the publicity and all the hype and hooplah over the past month and a half, we still don't have any new major merchants accepting Bitcoin. In fact, if you were to ask which has been the biggest company that's jumped on the Bitcoin bandwagon since mid March, I'd have to say OkCupid...which is pretty sad.

Sure there are lots of mom and pop shops or ultra green 'startups' trying to get some publicity by accepting Bitcoin and also some rumors of bigger things coming, but as it is, the fact of the matter is the current price is not representative of reality.

Most blind bulls will try to twist reality into fitting their fantasies, but everything I've said above is fact. Now I'm not saying Bitcoin doesn't have a bright future, I do hope that it does. But those watching price charts all day hoping for an imminent skyrocket up to make you rich are wasting their time.
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