Search For "Buy Bitcoin" Rising Shows Google Trend
It may be the US election fever or it may be something else, but according to Google, the search for the “buy Bitcoin” term on the world's largest source of information platform is on an upward trend. Though the particular factors that may be driving the rising interest has not yet been ascertained, Google analytics show that interest over time is currently at 87 - that’s tipping towards its highest point of 100 between June 12-18. Bitcoin price has reached the $770 mark within the current period. Whether the current ascension, which according to Google kick started in Oct. 22, will....
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There are many assumptions about bitcoin users – that they are oddballs, fantasists, nerds, criminals, idealists and so on. But what are they actually like? Some of the assumptions listed above are technically true in some cases, but the reality is never as simple as that. Of course, one of the simplest, but nonetheless effective, means of ascertaining who uses bitcoin is to analyze Google Trends, as we find in Yelowitz and Wilson (2015). Although an imperfect method, since "search query need not imply active participation", Yelowitz and Wilson identify four types of....
It’s been referred to as a "revolutionary technology" by IBM, and a "once in a generation opportunity" by PricewaterhouseCoopers. But perhaps the most descriptive title came from The Economist when they dubbed blockchain "the trust machine". It is a breakthrough in computer science that holds the promise of reducing the cost of establishing and maintaining trust for both individuals and organizations. "Blockchain" is a relatively new term that refers to a specific type of computer database. The Oxford English Dictionary defines blockchain as "a....
You can add R Jesse McWaters, financial innovation lead at the World Economic Forum (WEF), to the growing chorus of industry voices warning that we’ve reached a "peak" when it comes to the hype surrounding blockchain technology. "I’m trepidatious about inflated expectations re: the blockchain," McWaters said in a new interview, the comments coming as he described the ongoing "awakening" he’s seen among major financial institutions in regards to the technology. While even the WEF itself has lauded blockchain as a global....
Suggesting that the momentum of interest in Blockchain technology is greater than that of the the digital currency it powers could create a wrong impression, says the CEO of LocalBitcoins, Nikolaus Kangas. In a blog post, Kangas noted that he had earlier overlooked it when a “Finnish self-credited "blockchain expert" made a claim that during the last year, (the) term blockchain has passed bitcoin in google trends "clearly"...”. But he had to change his view after a co-worker pointed out the mistake. After he’d recollected that he has seen the same claim elsewhere,....