Bitcoin search trends indicate momentum may continue - interest still rising

in #bitcoin7 years ago

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


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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.
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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.

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Let's spread Bitcoin!

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