Your thread should read:
Interest in Bitcoin just peaked in India.
Interest can only go down from here.
It's actually the opposite. It means people have realized the situation is serious and started looking for alternatives to their potentially worthless fiat money and one is Bitcoin.
Show me on a Google Trend chart on any topic where the trend stayed at or exceeded 100 over an extend period of time.
Also, to the OP, what Google trends filters are you using?
I get this:
http://i.imgur.com/MDbnZW9.jpgHere on forum we can get a lot of images like this
http://img.memecdn.com/its-media_o_721609.jpgHowever the global search for bitcoin still normal, I don't believe that today pump was caused by India.
It appears that some people in Bitcoin are nothing more than "news opportunists".
More and more the Bitcoin economy resembles wall st.
Clearly most of the volume from the price increase is coming from China.
And with the ability of bots to pull bids at will it's obvious that we have some manipulation here.
The funny thing is that most of the people affected by India's currency ban is the middle class and poor according to what I have read.
So you mean to tell me that the poor class of India are also Bitcoin speculators when most of them don't even have bank accounts?
The claim that Bitcoin has gone up because of India is ridiculous at best.
It is manipulation 101.
News opportunist? I don't get why you're trying to make me look like I posted fake news, you idiot. I just posted a screenshot from my mobile. PERIOD.
