Kvě 17

Bitcoin Now a More Popular Google Search Term Than ‘Donald Trump’

Google search interest in Bitcoin has spiked to a fresh six month high as BTC has posted 100 percent gains during the same period. In fact, people are now searching for ‘Bitcoin’ more than ‘Donald Trump.’


As Price Rises, People Google Bitcoin

It’s no secret that public interest in ‘Bitcoin’ and everything related rises as BTC price moves. People are naturally curious about what’s causing the bitcoin price 00 to skyrocket. They also want to know what Bitcoin is and whether now is a good time to hold, buy or sell.

Bitcoin’s recent rally over $8K has indeed started seeing more people googling to find out more. Currently, the number of searches is the highest since mid-December 2018. Moreover, this number is projected to reach levels not seen since the peak price of late 2017.

bitcoin google search trends

Google search trends are one of the best online resources for gauging real-time public interest in Bitcoin.

This was demonstrated at the beginning of April, for example, when bitcoin initially broke out of its bearish slump. Google searches for bitcoin spiked.

Today it is more popular than other big search terms such as SpaceX, Tesla, Elon Musk and even Donald Trump.

Donald Trump bitcoin

Furthermore, the majority of searches for Donald Trump are confined to the US. While searches for Bitcoin are global with significant activity on all continents.

In 2018, ‘What is Bitcoin’ topped the “What is…?” Google category in both the UK and the US.

Top 10 Countries Looking Up ‘Bitcoin’

In fact, the top ten countries interest in bitcoin right now (excluding St. Helena) are:

  • Nigeria
  • South Africa
  • Ghana
  • Netherlands
  • Austria
  • Switzerland
  • Singapore
  • Slovenia
  • Australia
  • Germany

Where Are People Googling Bitcoin in the US?

In the US, the states where Bitcoin is now being searched for more than Donald Trump may surprise you.

The top 10 states/regions are:

  • Hawaii
  • Nevada
  • California
  • Washington
  • New York
  • Utah
  • Colorado
  • New Jersey
  • District of Columbia
  • Alaska

Chicken or the Egg?

So does price precede interest or does interest precede price?

Evidence exists for both, in fact. As Bitcoinist reported earlier this month, the volume of tweets and Google Search Volume Index (SVI) were found to be leading price indicators for Bitcoin and Ethereum, according to a research paper published by the Southern Methodist University.

google search bitcoin

However, this particular study mainly focused on the late 2017 price spike and the simultaneous retail interest that likely fuelled the surge to $20K. Notably, it found Tweet volume to be a much more reliable indicator of potential price increase than Google searches – which tend to lag price moves.

As of late, Google searches have shown to rise a day or two later. For example, the spontaneous surge by $1,000 that occurred on April 1st was followed by a surge in searches on April 2nd and 3rd. This suggests that the general public looks for more information about bitcoin after seeing that the price has already risen (and covered by the mainstream media).

At the same time, the Tweet volume for #bitcoin has been rising steadily since March. Currently, it is at about 30K per day, though still lower compared to the period prior to November-December 2018.

Making a Comeback

Overall, the figures suggest that interest is coming back as the price of BTC appears to be bottoming out. Relevant indicators such as the Mayer Multiple and many market analysts are also suggesting that the bear market has come to an end.

If this is indeed the case then some outrageous bitcoin price predictions may not be so outrageous in the future. With fundamentals stronger than ever and shifting market sentiment, a new bull market would do seem to be around the corner, if the past few weeks are anything to go by.

So if these trends are anything to go by, ‘Bitcoin’ will undoubtedly become the most popular search term in

Will price eventually hit $100K in the future as Max Keiser expects? If it does, you can surely bet that the searches would follow.

Do Google searches for Bitcoin lag behind price? Share your thoughts below!


Images via Shutterstock, Google trends, Bitinfocharts.com

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Lis 23

Google Trends Bitcoin Interest Hits 6-Month High

Google trends Bitcoin interest hit its highest since April this week as BTC price has taken a beating in the past week.


Google Trends ‘Bitcoin’ Interest Hits April Bull-Run Levels

You know what they say: any publicity is good publicity.

The latest data from Google Trends confirms the uptick in curiosity about Bitcoin after BTC/USD 00 dropped 30 percent under circumstances commentators have yet to fully understand.

The proportion of searches for ‘Bitcoin’ is higher now than during any weekly period since April 8, at which time its price began a major surge from $7000 to closer to $10,000.

Interest in some related terms, such as ‘is Bitcoin dead’ and ‘HODL,’ was much more apparent, reaching its highest since February this year, when the price was trending down from all-time highs around $20,000.

While mainstream media publications often pick up on price decreases as an indicator of the ‘risk’ involved in Bitcoin investment, the impact of price movements on broader public awareness contributes to the opinion held by many commentators that ‘any publicity is good publicity.’

Searching For A Trigger

As BTC price has historically correlated with search interest, a reversal of the current bull market is high on the agenda for traders.

That reversal had been tipped to occur in December with the launch of the first “regulated ecosystem” for cryptocurrency, Bakkt. When executives announced they would delay the launch from December 12 to January 24, prices had already begun to tumble and forecasts of a reversal get pushed back.

New York Stock Exchange Owner to Launch Bitcoin Data Service

At press time, support for BTC/USD 00 had held at $4000, while few professional traders were eyeing a true flip to bullish territory in the mid-term.

Even for the most optimistic regular voices such as Galaxy Digital founder Mike Novogratz and Fundstrat Global Advisors’ Tom Lee, a return to form for Bitcoin depends on institutional investors getting a taste for available products; without Bakkt or its slated competitors, the status quo remains.

What do you think about Google Trends Bitcoin interest? Let us know in the comments below!


Images courtesy of Shutterstock

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Kvě 05

3 Altcoins to Outperform Bitcoin For The Week of May 5

· May 5, 2018 · 5:00 pm

To title this week dramatic in the cryptocurrency space would be an understatement. BTC has seen a price surge with renewed interest from big names like Goldman Sachs while altcoins have major events on the horizon. This is a very exciting period for altcoins like BTC, ZCL, ENJ, and DGB.


What a Week It Has Been, What a Week It Will Be 

The cryptocurrency markets have finally broken out of a multi-month bear slump in brute force. BTC is up more than 50% from recent lows with altcoins trading significantly higher. With positive momentum in the cryptocurrency markets, teams from across the world are announcing major cryptocurrency projects, deadlines are being hit, and milestones are being reached.

Bitcoin price

The bearish markets in the past week have begun to seem increasingly bullish with a major forking announcement from ZClassic; a security break-through for DigiByte, and the Unite world tour for Enjin.

BTC- Goldman Sachs Futures Trading and Possible Trading Desk

The most important name in cryptocurrency trading at $9,952 per coin with a market cap of $170 billion is Bitcoin. This week has been exciting and the near future should also be exuberant as Bitcoin bulls have retaken the reigns and it once again is pressing the $10,000 mark. BTC was trading as low as $6,000 during this recent bear raid and looks to have built significant momentum heading into May.

There are a few main reasons BTC has once again accelerated forward in value: renewed interest from the world’s wealthiest via OTC (over the counter deals) and trading platforms/operations opening up to institutional investors such as Goldman Sachs.

So Long, All-Time Highs? Goldman Sachs Says Crypto Peaks Have Been And Gone

Goldman Sachs announced earlier this week they would begin futures trading of BTC and also were considering a trading desk. This was confirmed on Thursday, May 3, 2018, with the likely pursuit of similar operations by other Wall Street Banks. As more money pours into the cryptocurrency space BTC will obviously be the first big winner with institutional money likely trickling off to other altcoins as well.

A recent announcement by the Anonymous Bitcoin team revealed that BTC and ZCL will both be receiving a forked coin on September 10, 2018. Allowing those that enjoy the BTC bull run to have a nice ‘dividend’ at the end of summer.

ZCL – A Real Forking Announcement (FUD, Upcoming Announcements)

ZClassic (ZCL) is trading at $21.50 with a market cap of $83.6 million. This past week a new dev team announced on CNBC they would be forking ZCL with BTC, creating Anonymous Bitcoin. This was the first televised fork announcement by a major broadcaster like CNBC. The technology behind Anonymous Bitcoin WILL include zkSNARKs anonymity features plus masternode staking ability.

ZCL – A Big Forking Announcement (Anonymous Bitcoin)

This would allow individuals to be incentivized to hold their Anonymous Bitcoin vs actively trade it. This fork was officially announced April 28, 2018. ZCL quickly rose to over $40 before conflicting news was announced by prior ZCL dev teams regarding the inauthenticity of the fork.

The Anonymous Bitcoin team has defended their position and remained completely transparent regarding their methods for forking ZCL while being present and doing interviews at the last two cryptocurrency conventions in Miami and Los Angeles.

The Anonymous Bitcoin lead developer, Sam Abbassi, proudly has a speaking engagement coming up at MIT (Massachusetts Institute of Technology). The Founder of the project, Jake Greenbaum, will be going to Consensus to continue to network, interview, and share the philosophy behind why forks create better technology at little to no cost to the crypto community. The Anonymous Bitcoin team is not hiding behind the veil of a fork but instead attempting to create a new cryptocurrency with a vibrant community behind it.

In the months leading up to ZCL’s prior fork, ZCL was trading as high as $220 per coin with a market cap of almost $700 million. Currently, ZCL is trading under $22 with new advisors to be announced in the near future, the executive summary to be released in the next week, and the white paper to be released by June 1st. At a bare minimum, the next few weeks will be exciting to watch the charts of ZCL.

Enjin Unite Tokyo: May 7-9; Unite Beijing May 11-13 

Enjin (“ENJ”) is currently on the “conference tour” at Unity events. For those that are not big gamers or developers “Unity” may not be a familiar term. Unity is a cross-platform game engine that is used to develop video games for all consoles and mobile devices. The unity platform now includes over 15 platforms and hosts major conferences regarding gaming, app development, and technology all over the world.

This week is important for ENJ because they are speaking and having booths at Unity’s event in Tokyo and next week’s event in Beijing. ENJ is attempting to integrate its currency into multiple gaming platforms and where better to demonstrate their capabilities than at Unite Tokyo and Unite Beijing?

ENJ currently is trading at $.17 with a market cap of $127 million. If ENJ’s presentations and exposure in Asia is viewed positively this numbers should trend upward. As an altcoin ENJ is well suited to enter the gaming market as they are already partnered with Unity for “True in Game Ownership of Digital Assets.” Having a partner like Unity while being on their conference tour should provide ENJ the perfect amount of momentum to build their user base and continue to excel as a cryptocurrency. 

DigiByte (DGB) – Blockchain Based Open Authentication Protocol Service May 11

One of the biggest concerns of individuals actively participating in the cryptocurrency space is the possibility of being hacked. Managing a handful of passwords that conceal what could amount to thousands of dollars is a frightening prospect. May 11, 2018, maybe a revolutionary day for passwords and that irritating 2FA authentication.

A highly secure, DigiByte blockchain-base open authentication protocol service is claiming it can be used to replace usernames, passwords, and even 2FA. If this is correct this will relieve much of the irritation associated with logging into an exchange or accessing a wallet. However, if a hack occurs their entire platform could come crumbling down.

DGB is trading at $0.048 with a market cap of $492 million. DGB was trading over $0.12 January 7, 2018. With one of their biggest developments to date being released May 11, this should be a very exciting week for DGB. The price of DGB will gauge the market’s reaction. DGB’s focus is their security, “by putting security first, our decisions help make sure that transactions, mining, and the blockchain distribution are as decentralized as possible.

DGB blocks occur on the network every 15 seconds making DGB the fastest UTXO blockchain in the world.” DGB has focused on security and speed and this week releases their authentication protocol that very well may revolutionize how passwords and usernames are used as a means of verification.

Bulls Retaking the Reigns 

This has been an exciting week for many as their portfolios have risen nicely and major projects have started back up in the crypto space. Summer should be a period where enthusiasm is rebuilt and the BTC train begins to build major momentum again. With such excitement on the horizon, it is important to look at coins this week like BTC, ZCL, DGB, and ENJ.

[Full disclosure: Jakethecryptoking has a stake in and is the founder of Anonymous Bitcoin. To get in contact directly with the Crypto King, you can on Twitter (@JbtheCryptoKing) or Reddit (ICO updates and Daily Reports)]

Do you agree with this week’s picks? Share your thoughts below.


Images courtesy of Shutterstock

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Lis 11

Ethereum Funds Frozen, Token Startup Cappasity Says Bug Was ‘Hack’

· November 11, 2017 · 5:30 pm

In a new development suggesting Parity’ recent flaw that locked up over 900,000 ether was more nefarious than previously thought, affected token startup Cappasity thinks they have proof the “bug” was actually a hack.


Cappasity Thinks Foul Play’s Been Discovered

The Ethereum community was rocked on Tuesday, November 7, after GitHub user devops199 deleted the library responsible for supporting approximately $300 million dollars’ worth of ether in Ethereum wallet provider Parity’s multi-signature wallets.

The space was flabbergasted by the curious nature of the incident, as devops199 immediately posted on the Parity GitHub after the library’s deletion to declare he’d mistakenly killed the library in question.

In comments immediately after the lock-up, devops199 suggested he had little experience with Ethereum and that his deletion was the result of incompetence.

But according to Cappasity – a token start-up that’s lost access to 3,264 ether in the ongoing Parity nightmare – devops199 is only feigning incompetence.

The 3D Virtual Reality upstart firm points to recent investigative developments in the case that suggest devops199 was considerably more competent than he was letting on.

For example, Cappasity notes devops199’s previously undisclosed attempts to commandeer ownership over the Polkadot and ARtokens (ART) smart contracts.

These kinds of maneuverings belie an advanced, or at least novice, understanding of smart contracts.

In a statement on Cappasity’s findings, company CEO Kosta Popov even went so far as to say that law enforcement officials may soon need to be involved:

When you are tracking [devops199’s] transactions, you realize that they were deliberate […] Therefore, we tend to think that it was not an accident. We suppose that this was a deliberate hacking. We believe that if the situation is not successfully resolved in the nearest future, contacting law enforcement agencies may be the right next step.

Fix and Timeline for the Parity Flaw Uncertain

For now, the unusual nature of the ongoing Parity “bug” has everyone in the community wondering what’s next. It remains to be seen what fix can be implemented to return the affected users’ 900,000 ether.

Some in the community have wondered if a hard fork of Ethereum will be necessary to make these users whole, but in an email exchange with the author of this article, Ethereum Foundation’s External Relations lead John Frazer made it clear the Foundation hasn’t “taken this position in any form.”

Indeed, echoing this sentiment, Ethereum Foundation Security lead Martin Swende expressed during recent comments to the press that the fix should be “spearheaded by the affected parties.”

This means its Parity’s time to shine – the way they handle this crisis in the coming days and weeks will likely determine if the users stick with the wallet service or potentially abandon it in droves.

What’s clear is that this black swan event means the Parity team surely has a long, difficult road ahead of them.

Where do you stand? Do you think Parity’s going to be able to return these 900,000 ether to their rightful owners? Let us know what you think in the comments below!


Image courtesy of Quartz

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