THANK YOU CAPTAIN OBVIOUS!

in #bitcoin7 years ago

Have you seen this headline that's been doing the rounds lately?

headline.png

It literally made me laugh.

Like seriously...

THANK YOU CAPTAIN OBVIOUS!



Who would have thought it though, right?

That human beings might have more of an interest in something when it is worth more?

trends.png

Google Trends shows that people searching for the term “Bitcoin”, were the most popular between December 17 and December 23.

Just happening to coincide with Bitcoin’s price rise above $20,000.

Just fascinating, investigative journalism at it's best.

Best of probabilities to you.

Peace ✌🏻.




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This is called the network-effect. Don´t forget that Bitcoin made this move in the past as well. It happened 3 times bigger and bigger. Just waiting for the next financial crisis to cause a huge growth.

We are still in a long term bullish trend.

I’m not sure if a GFC type event will be bullish for Bitcoin though. When stocks fall, BTC hasn’t been rising. Where’s the correlation?

The correlation is that when the common people will lose trust if the government causes the next financial crises. There FIAT money will decrease in value. The stockmarket will be bearish some everybody takes there stocks back and investors don´t like cash and therefor invest in something they trust more in that moment of time.

Yeah, that makes sense in theory. But we’re in uncharted territory here. I hope you’re right.

This bitcoin is very high for the gold coin

The gold coin?

Yeah, people like big numbers... When those big numbers go down, they tend to forget :D

It’s human nature haha. People are predictable creatures 🤑.

Hi, you may be very sarcastic but the fact is that not everyone out there knows about google trends and actually not that many people seem to monitor this tool. So I dont think it's a bad journalism at all.

Yep, I’m a dick. 😎

thank you for your kind answer. But I cannot really understand what are you trying to say.

Good ol' Bloomberg, another dying traditional media company.

Breaking: Bitcoin drops we can ramp up negativity to protect our own corporate interests being commentary on wall street.

Haha they have a dedicated crypto section now I see.

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For future viewers: price of bitcoin at the moment of posting is 9542.50USD

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