Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
According to my data, the number of new users learning about Bitcoin is still decreasing.
(This is an index number based on statistics from websites/webpages explaining about bitcoin.)
Today's index (not plotted here but on hourly chart) looks like it's going to be a new yearly low for a Friday.
(This is an index number based on statistics from websites/webpages explaining about bitcoin.)
Today's index (not plotted here but on hourly chart) looks like it's going to be a new yearly low for a Friday.
This is the most interesting thing I've seen on the wall thread in at least a week: Lots of new bits of data. Please, please give us more color on what is being charted, otherwise the bits are wasted.
tl;dr
Lots more people were looking up information about bitcoin when it was peaking in price. That chart starts in January when the price was still over $800. As the price relaxed there was less interest (other than when significant, fast drops in price occurred)
The chart would be FAR more meaningful if it extended back to about april of last year, when the price was stable at $90-120, so you could see the change in interest from then through the price jump and to now. I am sure its a few times higher now than a year ago