Google trends shows the real interest in Bitcoin.
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
It was mentioned every few days in the run up to $266 but it's not mentioned so much lately.
Here's why :
it was also mentioned.. that google trends folows the price .. not the other way around
I agree entirely which kind of proves my point.
After the $266 peak in the google trends chart it just went down, there was no additional interest following the crash when the price bounced from $50 to about $166 and then continued downwards again.
If google trends follows the price it should have shown increased interest after the $266 peak but it didn't, not one bit.
That's because the recent price rises are purely speculative and will run out of steam.
Well, this early in BTC's progress, it pretty much is all speculation, no? And at the same time fairly good size amounts investments and $$$ are coming in. Pretty big and well respected VC's are saying BTC is HUGE. There are hundreds of millions of $$$ to be saved by using BTC over paypal, visa, mc, ae, western union, etc. The list goes on and on, and I guess you can say speculation, but that is like saying AOL at $5 a share was speculation. It was and so what? The writing was/is on the wall, can read it?
(learning 
