With all of the attention on the Ethereum project right now, there are a fair few digital currency enthusiast who would love nothing more than to see this project overtake Bitcoin in every way. More importantly, when Ethereum reached the market cap threshold of US$1bn, a lot of people expected it to keep going, but the value started plummeting shortly afterwards. At the same time, the Bitcoin price dipped as well. Are these two concepts more alike than people want to admit?
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It is not all that difficult to gauge interest about any topic in the world outside of the realm of the digital currency ecosystem. A large part of our society has no vested interest in either Bitcoin or Ethereum, but that doesn’t mean their interest isn’t piqued. Google Trends can tell an interesting story regarding what people search for, which also provides valuable insights as to which topic is more sought after in recent months. However, it is important to keep in mind Bitcoin has been around for a few more years compared to Ethereum .
In the screenshot below, we can see the Google Trends search results for the term “Ethereum” in the past twelve months. As is clearly visible, there has been a surge of interest ever since January of 2016 came around the corner, although there was an earlier bump around August and September of 2015 as well. Google Trends seems to indicate the number of searches for Ethereum keeps increasing, which is positive news for the project When conducting the same search for Bitcoin on Google Trends, there is an entirely different pattern. First of all, the chart stays out way higher, simply because people […]
