Topic: This is how i know the future price of Bitcoin (Read 731 times)
Nice try using a lagging indicator to predict the future when Google trends is reliant on the price and interest of Bitcoin lol
lol, that's a lagging indicator, it's not relevent for price forecasting.
Not to mention, once we have reached a certain amount of saturation (a certain % of the general population knows what bitcoin is) the google trends charts are virtually meaningless.
If I had a bitcoin every time some newb posted a google trends chart and pretended that he could predict future price with a lagging indicator...
EDIT: "buy bitcoins" not so bad last 90 days: http://www.google.com/trends/explore#q=buy%20bitcoins&date=today%201-m&cmpt=q
lol, that's a lagging indicator, it's not relevent for price forecasting.
What does it all mean Basil?
just compare this to the bitcoin graph.
Lol easy way to win.
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