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Topic: The current BTC hype is over, let's wait for the next one... (Read 1659 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price?

I bet it's both, like a self fullfilling prophecy.

So if both follow each other...aren't they both standing still?

LOL so fail
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
it works something like this:



newbie
Activity: 28
Merit: 0
The current BTC hype is over. Google searches after bitcoin and related terms are declining slowly during the last weeks, since we had the BTC peak. See the Google Search chart here (the hype chart):

Google search trends after 'bitcoin', 'bitcoins' and 'mtgox'

https://i.imgur.com/q2M8Iwa.png

So, let's wait for the next hype wave... but this could take some weeks, months, maybe years...

The problem with that chart (with respect to your interpretation) is that it deals with search volume relative to itself.  The peak is simply the highest it has been, but it's not a value.  The only thing that chart tells us is that ~5x more people compared to today searched for those terms at its peak.  Do you think that all those people that searched back then suddenly forgot about Bitcoin because they haven't searched it again?  Search volume spiked because a LOT of press was released very close together. 
sr. member
Activity: 399
Merit: 250
Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price?

I bet it's both, like a self fullfilling prophecy.
full member
Activity: 224
Merit: 100
ok Bear boy

bear or not.. BTC prices always rose and declined with the public interest, at least until now. For now, the interest is getting weaker...

Did you ever stop to think about if it was the other way around? Could it possibly be that interest follows price?
sr. member
Activity: 399
Merit: 250
ok Bear boy

bear or not.. BTC prices always rose and declined with the public interest, at least until now. For now, the interest is getting weaker...
legendary
Activity: 1442
Merit: 1000
Antifragile
It might just take the next Cypress. But I don't think it will matter. We are still in the Black Swan phase here, the public is mostly in the black.

More VC's are directing money into it. It is just a matter of time right now.

IAS
full member
Activity: 168
Merit: 100
The current BTC hype is over. Google searches after bitcoin and related terms are declining slowly during the last weeks, since we had the BTC peak. See the Google Search chart here (the hype chart):

Google search trends after 'bitcoin', 'bitcoins' and 'mtgox'



So, let's wait for the next hype wave... but this could take some weeks, months, maybe years...


ok Bear boy
sr. member
Activity: 399
Merit: 250
The current BTC hype is over. Google searches after bitcoin and related terms are declining slowly during the last weeks, since we had the BTC peak. See the Google Search chart here (the hype chart):

Google search trends after 'bitcoin', 'bitcoins' and 'mtgox'



So, let's wait for the next hype wave... but this could take some weeks, months, maybe years...
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