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"The precursor for opening a wallet for many people is just googling the term 'bitcoin,' 'how to buy a bitcoin wallet,' 'how to buy a bitcoin' and so forth. So, as bitcoin searches go up, it's a precursor to bitcoin prices appreciating as well," he said.
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Communications Preferences BITCOIN'S BIG RUN 2017-09-12 7.64 4.29 What are the benefits of using the Bitcoin exchange? What does this mean to you? Well, think about it. The more popular Bitcoin becomes, the more people will want to buy it. If there can be no more Bitcoins created, then the demand will continue to rise for each Bitcoin, which increases the price.
It's important to realize that bitcoin is a volatile asset for a reason. It is still a relatively young asset, and even the trading platforms supporting it only matured to any significant extent in the latter half of 2014.
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