๐Ÿ“ˆ Top 10 Cryptocurrency Keyword Trend Statistics : July 28, 2017 ๐Ÿ“‰

Google Keyword Trend Statistics for the Top 10 Cryptocurrencies by Market Cap

Today I decided to go ahead with the plan from yesterday and compare ‘Buy’ and ‘Sell’ keyword interest on a seven day chart. Smaller time intervals produce noisier signals but we can still see general trends established in many cases. Either way, I might try daily charts next time to get a comparison. I also feel like focusing on google keywords tends introduces bias toward the interests of new money entering the market rather than old money being shuffled around so I’ve been thinking about variables I could introduce to test or accommodate that.

Bitcoin ends with increasing buy and sell interest but we can see that the buy interest appears steadier throughout the week while the sell interest has a few spikes closer to the end of the week. I think the price of Bitcoin will rise until August 1 in anticipation of scoring some Bitcoin Cash (BCC) so I don’t necessarily agree with what the charts appear to be showing but these are also pretty weak signals.

We do have something of a wedge formation at the end of the buy interest in Ripple; perhaps we’ll see another dip in prices before Aug 1. Comparing the volatility reveals some interesting trends: NEM and IOTA have significantly higher volatility on their buy charts than the sell charts and those two managed to hold and even increase in value during the correction we saw yesterday. I still want to try a shorter time frame next time but volatility may be the key to reading these charts.

As always, thanks for reading and hodl on, happy people!

1. Bitcoin (BTC)
Price: $2789.93
Market Cap: $45,964,027,002

2. Ethereum (ETH)
Price: $104.86
Market Cap: $18,242,813,977

3. Ripple (XRP)
Price: $0.166
Market Cap: $6,368,736,351

4. Litecoin (LTC)
Price: $40.83
Market Cap: $2,131,841,794

5. NEM (XEM)
Price: $0.159
Market Cap: $1,433,844,000

6. Dash (DASH)
Price: $185.35
Market Cap: $1,381,570,241

7. Ethereum Classic (ETC)
Price: $14.23
Market Cap: $1,337,291,502

Price: $0.267
Market Cap: $742,912,854

9. Monero (XMR)
Price: $44.21
Market Cap: $656,520,123

10. EOS (EOS)
Price: $1.87
Market Cap: $462,268,515

๐Ÿ“ˆ Cryptocurrency Keyword Trend Statistics (21-30) July 25, 2017 ๐Ÿ“‰

Google Keyword Trend Statistics for Cryptocurrencies 21-30 by Market Cap

Bytecoin, Siacoin, Lisk, Augur, Golem, and Status appear to be showing interest at the moment but let’s try and break down what’s going on here. Bytecoin has never shown much keyword interest until the most recent spike which could mean a genuine spike in interest or simply that Bytecoin hasn’t had much activity overall and a sudden, relatively-minor peak in interest has produced what appears to be such a huge aberration. Since Lisk or Augur has shown more activity in the past I’m a bit more apt to believe there’s some interest there.

I’ve been giving some thought to better methods for collecting data on social media activity and in the future I’d like to find a way to compare positive signals such as “Buy Coin” with negative signals like “Sell Coin.” Please feel free to share any thoughts on efficient ways of going about this or other ideas for data points related to social media activity in the comments. As always, thanks for reading and hodl on, happy people!

21. Iconomi (ICN)
Price: $2.86
Market Cap: $249,007,920

22. Bytecoin (BCN)
Price: $0.001
Market Cap: $235,511,863

23. Siacoin (SC)
Price: $0.008
Market Cap: $230,977,159

24. Gnosis (GNO)
Price: $194.73
Market Cap: $215,097,915

25. Lisk (LSK)
Price: $1.94
Market Cap: $213,536,750

26. Augur (REP)
Price: $18.43
Market Cap: $202,770,700

27. Golem (GNT)
Price: $0.240
Market Cap: $200,476,648

28. Status (SNT)
Price: $0.055
Market Cap: $192,535,847

29. Stellar Lumens (XLM)
Price: $0.017
Market Cap: $190,877,835

30. Dogecoin (DOGE)
Price: $0.001
Market Cap: $190,266,094

๐Ÿ“ˆ Cryptocurrency Keyword Trend Statistics (11โ€“20)ย : July 24, 2017ย ๐Ÿ“‰

Google Keyword Trend Statistics for Cryptocurrencies 11โ€“20 by Marketย Cap

My series on keyword trend statistics has exclusively focused on digital assets in the top 10 by market cap but since they’ve been a little flat lately I thought it would be interesting to explore currencies a bit further up the list. I’m glad I did because it looks like BitConnect and Qtum have tremendous spikes in interest at the moment! BitConnect and Qtum both have some of the highest 24-hour gains in this set with the exception of Iconomi up 30% but keyword interest appears to be dropping like a brick.

Antshares, Steem, and Waves are slightly picking up but nothing too noteworthy going on there. Veritaseum appears to be forming an interesting trend of growth and EOS is starting to look pretty similar to it’s last spike in interest around November of last year. I’ll be keeping an eye to see if BitConnect and Qtum fulfill their promise; thanks for joining me!

Hodl on, happy people!

11. EOS (EOS)
Price: $1.87
Market Cap: $446,369,225

12. BitShares (BTS)
Price: $0.169
Market Cap: $439,019,639

13. NEO (ANS)
Price: $8.38
Market Cap: $419,219,500

14. BitConnect (BCC)
Price: $66.43
Market Cap: $412,692,715

15. Veritaseum (VERI)
Price: $198.97
Market Cap: $399,185,406

16. Iconomi (ICN)
Price: #3.94
Market Cap: $393,937,000

17. Zcash (ZEC)
Price: $207.07
Market Cap: $375,144,318

Price: $7.24
Market Cap: $369,207,360

19. Steem (STEEM)
Price: $1.54
Market Cap: $365,060,547

20. Waves (WAVES)
Price: $3.51
Market Cap: $351,240,000

$3000 Bitcoin, $400 Ethereum, What’s Next?

Everybody loves when we hit big, round numbers and I’m certainly no exception: big, round numbers mean fat, round payoffs for everyone!

  • The Flippening Is Upon Us!

I heard yesterday via KingOfDew’s update that Ethereum surpassed Bitcoin in daily transactions just a couple of days ago and with Bitcoin’s dominance having dropped to 39% of the total crypto market it appears the Flippening could be on the horizon. Ethereum currently sits at $36.8 billion to Bitcoin’s $44.8 billion, so with $8 billion to go and daily volumes approaching $2 billion we could potentially see this happen before August.

Many analysts have remained cautiously optimistic about the rise of Ethereum; I know just a month ago a lot of people said it could happen by the end of the year, maybe another two years, but given the ridiculous amount of action we’ve seen in the markets lately we could easily see Ethereum overtake Bitcoin’s market cap in the next several weeks, if not months.

  • I.O.T.A.

The Internet of Things launched it’s way to a $1.5 billion market cap, taking sixth place in market cap on coinmarketcap after its debut on Bitfinex yesterday.

  • Market Update

After the excitement of last week’s pump the correction we experienced over the weekend has been described in terms ranging from “healthy” to “bloodbath.” Today it seems like we’re settling back into the bull run. The Blockchains + Digital Currencies conference is today so I imagine we’re seeing a little bit of excitement from that.

Trading Calendar

  • June 27: I’m looking forward to the Stellar Lumens giveaway, so get your bitcoins ready for that!
  • June 26-28: Money 20/20 Europe
  • July 1: Zcash launches on AlphaBay and I imagine we’ll see a healthy pump from that. They’ve already been doing great the past month so congratulations to Zcash!

I would love to know what’s on your trading calendar and your thoughts on when the Flippening will take place. Please leave comments, questions, love, and suggestions below.

Could Nevada Become The Silicon Valley of Crypto?

Nevada made a bold statement to the crypto community this week by announcing that they will ban local governments from taxing or licensing cryptocurrency in by far the most business-friendly statement yet among the states that have begun regulating cryptocurrency. Las Vegas can already claim the world’s most lucrative Bitcoin ATM and soon a strip club with its own cryptocurrency, and Nevada currently offers some of the lowestย low electricity rates to corporations in the nation.

The news bears a stark contrast to regulations in the typically tech-friendly Washington State, where businesses seeking to create any kind of exchange or wallet for any virtual currency must apply for a Washington money transmitter’s license in addition to registering with FinCEN at the federal level. Many blockchain businesses have already stopped doing business in the state of Washington, which sends some pretty clear signals about the future of the industry in the United States.

I’m aware that the Dash Foundation has offices in Arizona so Nevada wouldn’t be too far of a move if they wanted to, although I have no reason to believe they’re not perfectly happy where they are. In any case, it will be interesting to see how other states react to the news. The announcement will certainly grab the attention of investors, entrepreneurs, and existing projects alike as a huge influx of crypto businesses could turn some small town in Nevada into the next Palo Alto. It’s too soon to tell but the news sets a hopeful precedent for the crypto community.

Please feel free to leave questions in the comments or contact me at perpetualgrowthcrypto@gmail.com and Share and Follow if you found this article helpful. To the moon!

Disclaimer: Iโ€™m not a financial expert; this is not and should not be construed as financial advice. Do your own research before investing and never risk more than you can lose!