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Bitcoin price is heavily influenced by public interest, which will show up in Google Trends and some other places

I used Trends, MtGox order data and a few other variables plugged into a spreadsheet that I updated every hour to successfully trade through the last Apr-March bubble and exit 6-12 hours from the top[0].

It doesn't work as well during this price hike, since the growth is coming from places that we can't see as well and aren't as transparent.

[0] https://twitter.com/nikcub/statuses/321811312587972609



> It doesn't work as well during this price hike since the growth is coming from places that we can't see as well and aren't as transparent.

I'm pretty sure it didn't work during this publicity wave because it was so large and fast that many U.S. sellers ran out of coins (including Coinbase).




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