Comparing Bitcoin vs Ethereum Using Google Trends

13 Jun
2017

Here is an interesting comparison between BTC and ETH for the last 12 months using Google Trends, the interest in Ethereum is still on the rise as you can see from the graph while the interest in Bitcoin is going down after the peak about 2-3 weeks ago. What is more interesting however is the Interest by region statistics, namely where the most searches are coming form. The top 5 countries for Bitcoin are Nigeria, Bolivia, Ghana, South Africa and Colombia… this rises some concerns, while for Ethereum the top 5 includes Netherlands, Singapore, Switzerland, Austria and Venezuela. Of course the number of searches for Bitcoin is much higher compared to Ethereum if you want to compare that as well and not look at the graphs separately just as a trend.

You can check some more stats and do additional comparison on Google Trends…



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5 Responses to Comparing Bitcoin vs Ethereum Using Google Trends

jr101

June 13th, 2017 at 17:14

Why would Nigeria, Bolivia, Ghana, South Africa and Colombia searches be concerning? I think its great that those countries are very interested in bitcoin.

admin

June 13th, 2017 at 17:51

Unfortunately the rise of interest from these countries could be associated more with Bitcoin fraud than genuine interest in adopting the crypto currency, that is why it could rise some concern.

Viper

June 13th, 2017 at 19:45

I think the original bitcoin rise started from the ransomware outbreak. Once started, investors hopped on to keep the rise going. I take this data as the origin countries of the ransomware that are following their profits and determining if they should make more.

TheRealZer0Cool

June 15th, 2017 at 13:11

“Unfortunately the rise of interest from these countries could be associated more with Bitcoin fraud than genuine interest in adopting the crypto currency, that is why it could rise some concern.”

Fraud can take place anywhere and does. The Shadow Brokers are based in Eastern Europe FFS.

What you’re really saying is, “fraud is more likely in non-western European/non-North American countries”. Watch yourself. I read your blog for years I’d hate it if you turned out to be some racist.

A better point might be made that it is concerning that Nigeria, Bolivia, Ghana, South Africa and Colombia are interested in Bitcoin while not really aware of Ethereum because given the average wage in those countries Bitcoin’s high transaction fees could be a barrier to mass adoption.

That answer was right on a plate for you but you went with the lowest common denominator/low IQ answer.

admin

June 15th, 2017 at 13:43

Now it sounds racist… not the intention. Some of these countries have adopted pretty clever alternatives for cashless payments that are much more widespread than traditional use of cash and relying on banking institutions, so Bitcoin and other crypto currencies could be adopted much easier and painless. That does not in any way however change the fact that these countries are also associated mostly with high fraud risk over Internet and that goes for Bitcoin as well.

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