Interesting, thanks for the query urls.
If there was a way to weigth these factors, that would make some good index.
Topic: Here's how you can anticipate a coming crash/correction - page 4. (Read 17401 times)
move to speculation.
This should be in the Speculation/Snake Oil subforum
Data points from 8 different sources are "snake oil" now? Factors affecting Bitcoin value is related to 1) its usefulness and 2) how much demand there is - the data points aims to analyze the second factor in an objective and measurable fashion.
This should be in the Speculation/Snake Oil subforum
If you're not a day trader, you might be overwhelmed with all the upward and downward price moves over the past couple of days. I've compiled a bunch of different data points tracking the growth of Bitcoin, hoping to help those who are concerned about the price fluctuation, whether Bitcoin is in a bubble, or whether the price has 'risen too quick'.
Currently all data points suggest Bitcoin is still growing, and that generally suggests prices moving higher.
So how to anticipate whether a price correction is coming or warranted? Following the data points below over time should warn you ahead of others if interest is waning. Until you see these charts start to slope down, I would not panic and would simply hold.
Disclaimer: I'm no financial adviser and hold no position in Bitcoin. Other unexpected factors could lead to a crash or correction so please act with caution and do your own research.
Google Searches: (Source: google.com/trends/explore#q=bitcoin)
Bitcoin client download on Sourceforge: (Source: sourceforge.net/projects/bitcoin/files/stats/timeline)
Wikipedia Bitcoin article traffic: (Source: stats.grok.se/en/latest90/Bitcoin)
Traffic to Bitcoin.org: (Source: alexa.com/siteinfo/bitcoin.org)
Domains linking to Bitcoin.org: (Source: ahrefs.com/site-explorer/overview/subdomains/bitcoin.org)
Number of Transactions: (Source: blockchain.info/charts/n-transactions-excluding-popular)
Reddit.com/r/Bitcoin growth: (Source: stattit.com/r/Bitcoin/)
Mentions of Bitcoin on Twitter: (Source: analytics.topsy.com/?q=bitcoin)
If there's any additional ones, please mention and I'll add to the list.
Currently all data points suggest Bitcoin is still growing, and that generally suggests prices moving higher.
So how to anticipate whether a price correction is coming or warranted? Following the data points below over time should warn you ahead of others if interest is waning. Until you see these charts start to slope down, I would not panic and would simply hold.
Disclaimer: I'm no financial adviser and hold no position in Bitcoin. Other unexpected factors could lead to a crash or correction so please act with caution and do your own research.
Google Searches: (Source: google.com/trends/explore#q=bitcoin)
Bitcoin client download on Sourceforge: (Source: sourceforge.net/projects/bitcoin/files/stats/timeline)
Wikipedia Bitcoin article traffic: (Source: stats.grok.se/en/latest90/Bitcoin)
Traffic to Bitcoin.org: (Source: alexa.com/siteinfo/bitcoin.org)
Domains linking to Bitcoin.org: (Source: ahrefs.com/site-explorer/overview/subdomains/bitcoin.org)
Number of Transactions: (Source: blockchain.info/charts/n-transactions-excluding-popular)
Reddit.com/r/Bitcoin growth: (Source: stattit.com/r/Bitcoin/)
Mentions of Bitcoin on Twitter: (Source: analytics.topsy.com/?q=bitcoin)
If there's any additional ones, please mention and I'll add to the list.
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