This is why i am not buying now, Below is a google trends graph of the search term 'bitcoin' and ' bitcoins'. As we can see the search term bitcoin always increases during times in which the value of bitcoin has increased. This is a fairly obvious and logical observation. This means that at the moment the inflated price is due to bubble frenzy like buying (caused by baidu) etc. The value in bitcoin is only justified when their isn't a bug peak in interest as this means that their isn;t a bubble phase going on. Therefore i believe it is foolish to buy now.


lol what this is super bullish info, look at the spike in bitcoin interest the past few days.

pretty soon everyone on earth have heard the word bitcoin, yet another mille stone
Same thing I said in the other thread you posted the bear stance in.
The value of bitcoin is higher with less interest and not due to a economic scare in the EU on bail ins.
the bitcoin learning curve is long and can be painful if you start trying to buy high and sell low. interest is growing, and a buttload of newbies are seeing the light... its almost over boys bitcoin technology reproduces and evolves, their will be no stopping this train, its Alive Muahaha UP!
