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Topic: google trends for "buy bitcoins" at record high (Read 1430 times)

sr. member
Activity: 280
Merit: 250
February 19, 2013, 06:45:06 PM
#10
Please note that this data is always a few days behind.  I wouldn't use it to judge future demand.

Lol - burnt on the TA thread?
member
Activity: 98
Merit: 10
Milkshake
Meanwhile Eric is just looking at the trends and he's selling his google stock to trade BTC, amiright?  Grin Grin
sr. member
Activity: 321
Merit: 250
Bitbuy.nl!
It seems people are more likely to search "buy bitcoins" compared to "buy bitcoin" now than in June . Overall interest is still slightly lower I'd say.

http://www.google.com/trends/explore?hl=en#q=buy%20bitcoins%2C%20buy%20bitcoin&cmpt=q
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Nah, they just are looking for blockchain.info, not learning how the blockchain work
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
I think the trend for 'blockchain' is much more awesome.  These are people who are actually (trying to) understand bitcoin, not just buying on a fad.
hero member
Activity: 1302
Merit: 502
And on the same page "Bitcoin MtGox" is 20% of the "buy bitcoin" search volume.

So real life volume is at least 5 times larger than what flows into Gox?

That means 480.000 BTC bought today, that can't be right?

"Bitcoin MtGox" leaves out whether it's buying or selling the searcher is after.
sr. member
Activity: 504
Merit: 250
And on the same page "Bitcoin MtGox" is 20% of the "buy bitcoin" search volume.

So real life volume is at least 5 times larger than what flows into Gox?

That means 480.000 BTC bought today, that can't be right?
legendary
Activity: 1904
Merit: 1002
Please note that this data is always a few days behind.  I wouldn't use it to judge future demand.
sr. member
Activity: 294
Merit: 250
BTC --> ??? --> PROFIT
Very interesting bit of info, I suppose until we see this 'trend' slow off then we shall probably continue to see this steep growth in price.
full member
Activity: 166
Merit: 101
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