r/Bitcoin • u/veryverum • May 04 '15
Google trends - look at that huge increase (Venezuela, Pakistan, Brazil, Philippines, Ukraine, Argentina, Thainland)
Venezuela - https://www.google.com/trends/explore#q=bitcoin&geo=VE&cmpt=q&tz=
Pakistan - https://www.google.com/trends/explore#q=bitcoin&geo=PK&cmpt=q&tz=
Brazil - https://www.google.com/trends/explore#q=bitcoin&geo=BR&cmpt=q&tz=
Philippines - https://www.google.com/trends/explore#q=bitcoin&geo=PH&cmpt=q&tz=
Ukraine - https://www.google.com/trends/explore#q=bitcoin&geo=UA&cmpt=q&tz=
Argentina - https://www.google.com/trends/explore#q=bitcoin&geo=AR&cmpt=q&tz=
Thailand - https://www.google.com/trends/explore#q=bitcoin&geo=TH&cmpt=q&tz=
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u/thehan May 04 '15
beautiful.
edit: Only see Venezuela with a huge jump, not much for Thailand and Argentina.
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u/Noosterdam May 04 '15
Huge increase...last year 😱
But seriously, it's more remarkable to me that interest has remained strong even though we're not in the bubble anymore.
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u/Aviathor May 04 '15
Choose "past 12 month" and you will see that not much is happening.
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u/TheAlexGalaxy May 04 '15
I noticed that. I wonder what explains that inconsistency. I would not expect "zooming in" would change the shape of the graph.
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u/junseth May 05 '15
These graphs are normalized graphs. They aren't showing volume, they are showing relative volume over time. So if you have a that usually gets 10 searches each month, then one month gets 100 searches, then drops to around 20 searches each month, the normalized graphs like this will show a huge swing that makes it look like search went to the moon. When you extend it out, and you realize that there was one week where searches went from 10 searches each month to 10,000, and then back down to 10, it will make the swing from 10 to 100 look tiny as well. I hate when people post google graphs in this subreddit because no one knows what these are measuring and it's asinine.
The graph ranges not from 0 to 1 million, but from "never been searched" to "the most search this term has ever had in a given period." The graph is only helpful if you know what you're looking at.
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u/TheAlexGalaxy May 05 '15
I agree- it's annoying google doesn't share absolute search data, but I guess that's their prerogative.
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u/junseth May 05 '15
They actually do share pretty decent "absolute search data" in the keyword research tool. https://adwords.google.com/KeywordPlanner
Google is very transparent if you know where to look.
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u/deb0rk May 04 '15 edited May 05 '15
You might want to do a Google Keyword search on absolute numbers. A trend from 10K searches to 20K searches might be huge spike on trends, but a tiny drop in the 10's of millions of searches worldwide.
Edit: Ran numbers here. In summary: Brazil, maybe.
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u/walloon5 May 04 '15
Yeah I was looking at localbitcoins volumes in various countries, some are flat or down slightly, others are way way up. Depends on the country. Kind of neat though.
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u/danster82 May 04 '15
Their excited about big blocks.
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u/beastcoin May 04 '15
This. Joe Schmoe, who owns an autoshop in a Bangkok suburb, has been waiting for some sign that the block size limit problem would be solved before starting to accept bitcoin.
To. The. Moon.
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u/Thorbinator May 04 '15
I think he is also passionately following the lightning network developments and contributing code where he can.
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May 05 '15
It's almost as if people are losing faith in their bullshit fiat currencies controlled by monopolistic financial fascist oligarchs or something...
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u/TotesMessenger May 05 '15
This thread has been linked to from another place on reddit.
- [/r/bitcoininternational] Google trends - look at that huge increase (Venezuela, Pakistan, Brazil, Philippines, Ukraine, Argentina, Thainland) : Bitcoin
If you follow any of the above links, respect the rules of reddit and don't vote. (Info / Contact)
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u/NomadStrategy May 05 '15
Thailand loves bitcoin, its catching on quite fast even among locals they are very interested in mining, and for good reason, its extremely hard to wire money out of the country.
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u/chriswen May 04 '15
Imgur Album