Bitcoin search trends indicate momentum may continue - interest still rising
Google search trends indicate more and more people are becoming curious about Bitcoin every day. Still only at 80 percent of previous 2013 crypto-frenzy
With Bitcoin prices rising higher than they have ever been, large companies showing interest in blockchain, and all the recent buzzing about crypto, it can be hard to see that the search volume on Google has yet to match that of during peak Bitcoin in 2013. The lagging in current searches may indicate a continued trend upward for Bitcoin. The search volume has been steadily increasing for months and shows no signs of slowing soon.
The recent rise seems much more organic than the madness of 2013. Bitcoin has matured a lot since then many people are still unaware of the intricacies and capabilities of Bitcoin. With searches lagging behind their 2013 levels, the current bull run may have much more momentum bottled up.
Interestingly, the highest volume for Bitcoin interest is not in the United States, or any European country for that matter. Lagos, the capital of Nigeria is the world hotspot for Bitcoin interest. Makes sense that developing nations with shady governments view a new monetary system as an interesting prospect. Despite extended regulation by Nigerian government - distancing crypto from legal tender - interest remains very high.
Let's spread Bitcoin!
Fascinating post. Was very surprised that the highest interest is from Lagos. I would have guessed an Asian country or India.
India and Asia certainly are booming though.
No wonder after the Indian Government recalling a lot of the larger cash notes of currency.
And taking the gold...
Brain wallet FTW
My wife just shouted from the study that it had hit $1900 USD today. Definitely catching people's attention.
I am sure they are becoming more interested about Bitcoin. I remember Jeff Berwick was one of the first people to draw my attention to it over 3 years ago and of course i didnt buy any. Silly me.
I have my own regrets.
Thanks @kingscrown @rossco99 and others for the down votes, this post was making much more than it was worth. I hate it how my lower effort posts end up taking off sometimes. Really wish my 'higher value posts' could get more attention. I have stopped most of my flagging because I now feel the "lottery" could be a good thing. This is how I ultimately see the downvote feature being used properly.
Interesting. There are amazing things happening every day in crypto, the suture looks bright!
Too bad China limits traffic to google.
Well there are workarounds but they have their homegrown solutions. The Chinese get crypto.
Yes, let's do it! Great post.
Great succinct report. Useful to learn about crypto's adoption worldwide!
intrest is one thing buying another... see it on fiatleak.com