google trends is showing increased interest

ajareselde

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Satoshi is rolling in his grave. #bitcoin

Quote from: AdamSmith on July 18, 2014, 12:20:34 AM

Interest but no action is equally pointless.

even the interest is marginaly higher.
i believe we will sooner see 400$ btc than 700$. without some major change that is..
bad news, and some bad actions made bitcoin into something investors dont realy want to go into.

AdamSmith

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Interest but no action is equally pointless.

notme

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Quote from: ThatDGuy on July 17, 2014, 01:57:25 PM

Quote from: okthen on July 16, 2014, 06:55:06 PM

Quote from: ThatDGuy on July 15, 2014, 10:23:18 AM

Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

This year has been filled with good news, but not huge news that arrive to the general public. It seems like a lot of news for us who read them everyday, but the average joe who reads the newspaper may not have read the word bitcoin this year (except maybe with the negative mtGox news).

This is a great point, and absolutely true - this is exactly the kind of news that represents a strengthening of the underlying infrastructure that would likely also lend support to a higher value as well once some significant impetus comes along to start a significant breakout upwards.

Traditionally, that impetus has been an overaction to bad news that triggers a big sell off that is then completely erased by steady buying pressure. If the rocket tries to take off now, everybody will jump right in because of the excessively positive sentiment. If there is some negative news that brings doubt, the rocket ignition engineers will be able to get all the coins they want at a reasonable price before the herd catches on.

ThatDGuy

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Quote from: okthen on July 16, 2014, 06:55:06 PM

Quote from: ThatDGuy on July 15, 2014, 10:23:18 AM

Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

This year has been filled with good news, but not huge news that arrive to the general public. It seems like a lot of news for us who read them everyday, but the average joe who reads the newspaper may not have read the word bitcoin this year (except maybe with the negative mtGox news).

This is a great point, and absolutely true - this is exactly the kind of news that represents a strengthening of the underlying infrastructure that would likely also lend support to a higher value as well once some significant impetus comes along to start a significant breakout upwards.

Cicero2.0

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★☆★Bitin.io★☆★

Quote from: hodap on July 16, 2014, 06:04:22 PM

Quote from: Okurkabinladin on July 16, 2014, 05:57:21 PM

Calm before storm?

Storm could be upward or downward.

There just isn't a lot of negative information out there right now to drive it down. We are kind of overdue for a bit of a bull run with all the positive news in the last month or so. Just need a spark to set it off.

okthen

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Quote from: ThatDGuy on July 15, 2014, 10:23:18 AM

Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

This year has been filled with good news, but not huge news that arrive to the general public. It seems like a lot of news for us who read them everyday, but the average joe who reads the newspaper may not have read the word bitcoin this year (except maybe with the negative mtGox news).

hodap

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Quote from: Okurkabinladin on July 16, 2014, 05:57:21 PM

Calm before storm?

Storm could be upward or downward.

Okurkabinladin

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Quote from: ThatDGuy on July 15, 2014, 10:23:18 AM

Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

Calm before storm?

hellscabane

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The lagging trend is quite interesting. But I think things are a little different since bitcoin has received much more significant public exposure than it has in the past. Before it was bitcoin being quite an unknown thing, now there could be a tinge of bitcoin just losing allure.

Then again, I don't necessarily take intrigue trends to correlate to prices.

Miz4r

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Stealth accumulation phase we're in right now, which we often see after a bear market when confidence is still shaky. Smart money is accumulating outside the exchanges for the most part and are taking advantage of the lack of trust in the current exchange infrastructure that is keeping the price relatively low. Once the brakes go loose things could go pretty fast, but this is what we've always seen in Bitcoin. Bull markets really only last two months where the price goes up 10-fold or so, then we see 3-5 months of bear market and the rest of the time the price is boring like it is now. August and September will be interesting I think, July will stay boring for the most part. It's doubtful we will see another 10-fold increase though, we'd need a much better exchange infrastructure for that.

Benjig

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Quote from: ThatDGuy on July 15, 2014, 10:23:18 AM

Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

Maybe the good news made the price to not fell more lower, or they are just containing the fuel to the next skyrocketing.

ThatDGuy

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Quote from: Dalmar on July 14, 2014, 07:06:18 PM

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

It is a lagging indicator for sure, although the similarity between May/June/July of 2013, marked at point 'C' to May/June/July(partial) of 2014 is interesting:

Again this is almost entirely driven by price, but this chart does reflect the same feeling I had last year at this time that BTC is being oddly quiet. The difference is this year it's been quiet with almost entirely good news, consistently.

Dalmar

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Life is short, practice empathy in your life

Google trends is a shitty short term indicator for bitcoin. In the bearish month April there were a lot more searches for bitcoin than in the bullish period of late May & early June.

FeedbackLoop

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The "rising" section looks interesting but don't know how significant the results are:

free bitcoin     +70%
bitcoin address     +60%
bitcoin atm     +60%
bitcoin blockchain     +60%
blockchain     +60%
btc to usd     +60%
free bitcoins     +60%
paypal bitcoin     +60%
bitcoin converter     +50%
bitcoin wallet     +50%

SirChiko

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