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River 2y ago 💬 9

While this may not be galaxy brain data, it’s interesting to see it on a chart nonetheless.

There’s an incredibly strong correlation between the Google search traffic of #Bitcoin and the price

If you keep searching then price will keep going up 😆

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farooq 2y ago

Does the price go up first and then the searches or the other way around?

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Tha Brainer 2y ago

the egg or the chicken? =P

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Purple Horse 2y ago

I will stop searching so price can go down again. Want to stack moarrrrr

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Jack Spirko 2y ago

I think this is a lesson about causation vs. correlation you know like CO2 and "climate change". 🤔

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Tha Brainer 2y ago

you mean that the cause of the higher searches is the higher price or viceversa? =P

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sketchartist 2y ago

Either that or because there is more hype there are more searches - which boosts the price because naturally if there is more hype people are buying it

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Tha Brainer 2y ago

lolol