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Topic: Google Trends went crazy for the Btc search - page 3. (Read 488 times)

legendary
Activity: 2338
Merit: 10802
There are lies, damned lies and statistics. MTwain
September 06, 2019, 07:13:22 AM
#3
That is pretty weird behaviour for the search term ‘BTC’. If you perform a side by side comparison to the term ‘Bitcoin’ (which has always shown more results than BTC), google trends places the interest for BTC in a 100:6 relation, which seems clearly wrong.

Adding and deleting comparison terms throws errors pretty often now, so it looks like of data error from the 31st of August onwards, setting the whole chart off-scale.

Edit: I’ve looked around and some refer to it as spam queries on Google, probably in an attempt to manipulate the price by affecting bots that may consult this parameter (see https://www.forbes.com/sites/billybambrough/2019/09/05/something-very-strange-is-going-on-with-bitcoin-and-btc-google-searches/#6baf794547ea for example).
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
September 06, 2019, 06:58:06 AM
#2
Huh. Quite weird that the spike up in search volume is for "btc" search query and NOT "bitcoin". I know that search volume for "bitcoin" is always going to be a lot higher than "btc" hence the "btc" search query is a lot more sensitive in terms of search volume movements hence the huge spike, but I was expecting at least a small blip higher than the average on the "bitcoin" search query. It was pretty much almost flat.

sr. member
Activity: 406
Merit: 301
September 06, 2019, 06:37:28 AM
#1


Google Trends went crazy for the Btc search
This is the chart for the 90 days timeframe  (world)

There is also a huge (insane) amount of transaction today 94,504 BTC or 1,018,147,922 USD.

https://whale-alert.io/transaction/bitcoin/4410c8d14ff9f87ceeed1d65cb58e7c7b2422b2d7529afc675208ce2ce09ed7d
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