The number of requests to Google about bitcoin from the beginning of the year fell by 75%.

in #bitcoin6 years ago

Since the beginning of the year, according to Google Trends, the number of searches with the word [bitcoin] has fallen by 75%. If on January 1 this year the popularity of bitcoin was 37 points compared to the period of maximum interest (100 points), then on June 2 it dropped to the level of 9 points.
The co-founder of the DataTrek Research project, Nicholas Colas considers this a negative factor for the crypto currency pricing. And to restore interest in bitcoin at the international level, according to the researcher, he needs to present a "new narrative".
In addition, Kolas correlates the cost of bitcoin with the interest of users to crypts. According to his calculations, in April and May interest to new wallets was about 2%, and for the first quarter of the yeIMG_20180427_093032_075.jpg
ar - about 3.7% per month. At the same time, at the end of 2017, when the bitcoin rate was at the level of $ 20 thousand, this figure was 7.6%. Kolas believes that bitcoin will grow again when interest in cryptotics raises by 5% per month.
The number of search requests for other leading crypto-currencies since the beginning of the year also fell: for Ethereum - by 70%, Bitcoin Cash - by 82%, Ripple (XRP) - by 87%. At the same time, interest in EOS grew by 97%.

Sort:  

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin7709.270$1.19%3.04%
EOSEOS13.915$-0.73%13.13%
ETHEthereum613.003$1.11%7.84%
XRPRipple0.680$0.96%11.78%

Coin Marketplace

STEEM 0.24
TRX 0.11
JST 0.031
BTC 61585.79
ETH 3005.19
USDT 1.00
SBD 3.68