bitcoin has a margin at this time in the Marketcap, but loosed the first position in daily VOLUMEN because USD. Yes, I know, it is only "Tether" and working on the Bitcoin blockchain. But it is the USD behind. We HOPE... The third position, ETH is interesting, because Tether was able to get the first position through the trades with ETH. ETH in USDT. Please see on...
I see, it exists alredy some changes of the behavior of google trends vs. bitcoin price ...
1.) The price falled in November 2018 AND the people wanted to know - Why?
2.) If the interesting falling (google trends lowers), some (big) investors trying to buy a big chunk - it results in a slowly (!!!) deflation... ((they don't want a hype!!! They are clever... They...
Some hints about this chart:
- 4. January 2018 - VISA blocks all bitcoin debit cards...
- End of January 2018 - MtGox deciding to sell 35000 bitcoins...
- at this time (~11.10.2018) Tether USD losts PEG!!! (see my article about on bitcointalk.org )
- at start of next year: MtGox Trustee planning to send the remained the 165000 bitcoins to the market... Trough...
See this chart...
I see an upwards change in google trends for "bitcoin" word... It followed always with a new price peak (hype) in the bitcoin price...
(The original price chart is from bitcointalk.com )
