A couple things to note when viewing the chart presented above: Price data is derived from Mt. Gox Data. Closing price at 18:15 each day was used. Price data was normalized by dividing all close prices by the largest closing price value over the last month and a half and then multiplying by 100. This … More Google Trends Predicts Bitcoin Price Movements
Just as a disclosure to all, I’m not a proponent of making an investment out of digital currency as things like Bitcoins are very risky and volatile. Maybe someday I’ll look back and kick myself for not buying a few or mining them but nonetheless, it is not my cup of tea. I was pondering … More Can Search Trends Forecast Bitcoin Movements?