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RE: The relationship between Google trend and cryptocurrency.(XVG, BTC)

in #bitcoin7 years ago (edited)

Very interesting! But I think it's not a stretch at all.

  • Google Search is the most used search engine
  • Due to the digital nature of cryptocurrency (and the relative 'novelty' of crypto), most people will do their research online

I guess one problem is also, the Google Trends data is not live is it?

What I can see happening this: when Crypto goes mainstream, people will get their information from various sources (like investment magazines), so the Google Trend prediction might be less clear / less predictable

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