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https://trends.google.com/trends/explore?q=bitcoin https://trends.google.com/trends/explore?q=bitcoin This is the reason why the price is exploding.
by CodingGuy 9y ago
https://trends.google.com/trends/explore?q=bitcoin https://trends.google.com/trends/explore?q=bitcoin
This is the reason why the price is exploding.
- 24gttghh 9y agoI think this one is a bit more telling: https://trends.google.com/trends/explore?date=all&geo=NG&q=bitcoin https://trends.google.com/trends/explore?date=all&geo=NG&q=b... (it's for Nigeria) And the global map for since 2004: https://trends.google.com/trends/explore?date=all&q=bitcoin https://trends.google.com/trends/explore?date=all&q=bitcoin With the search term being most popular in Nigeria.
- CodingGuy 9y agoActually Google AdWords says that you have an average of 40k searches per month for "bitcoin" in Nigeria and more than 1 mio. searches/month in the US.
- 24gttghh 9y agoRight but the map seems to present the data in a way that implies those searches for bitcoin in Nigeria are more popular than other searches for their given country.
- heurist 9y agoThat only indicates demand for botcoin, not the reason for demand. Though emerging markets adopting it might explain the growth. It doesn't help assess bitcoin's value except to indicate it might have additional stability as a currency in some small nations.