Quote:
Originally Posted by dyna mo
is there is a way to forecast/anticipate when these will match up?
there's a lot of word of mouth going around about it too, that's hard to gauge, + i'd think mtgox delaying transaction increase requests impacts things too.
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I'm not sure, there is no reason why they should necessarily match up, there are multiple factors influencing the bitcoin market, new interest (google searches) is just one of them... the fact that that is falling should be concerning for the bitcoin "investors" though...
I think google searches pretty accurately take word of mouth into account... I would think first thing a typical person would do after hearing something new (from whatever source, word of mouth, etc) would google it to find out what it is first? so if fewer people are searching it, doesn't it follow that fewer people are hearing about it? and so follows that probably fewer people will invest in it in the near future?