I have thought of doing something similar. I would be cautious on making any definitive conclusions based on a small sample size. Since March 1st Bitcoin has gained over 60% and reached all time highs. This has lead to more publicity and more people moving from fiat currency into bitcoin. Also a lot more seasoned cryptocurrency owners have used the rise in Bitcoin to move into other altcoins to take advantage in the Bitcoin rise. Cryptocurrency as whole has benefited from the inflow of additional fiat into Bitcoin. I do expect that Bitcoin and many other cryptocurrencyies will continue an upward trend. But say some kind of incident happens to Bitcoin, like say Mt. Gox . What would happen to Bitocoin and other cryptocurrencies then? How many people will flee Bitcoin and other cryptocurrencies back to fiat? How many of those people that did would trust Bitcoin and cryptocurrencyies in the future?
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