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Title: Blocks 286,287,288 Post by: iglasses on December 20, 2015, 04:07:02 AM 76k
79k 109k Is someone stress testing the network? Seems like a lot of BTC flying around! Title: Re: Blocks 286,287,288 Post by: j_nathan on December 26, 2015, 08:29:31 PM 76k 79k 109k Is someone stress testing the network? Seems like a lot of BTC flying around! Being a noob myself I too noticed pretty frequent transactions last night between 100-300k USD, but wasn't sure how normal that is Impressive none the less and goes to show thecmomentum is just beginning with BTC, allowing human beings to un-bank for the 1st time in a very long time but still operate normally (not live in the woods) Looking forward to put more serious moneys into BTC soon $460 a coin may seem like a lot but really the current market cap is still quite relatively low Title: Re: Blocks 286,287,288 Post by: thejaytiesto on December 26, 2015, 11:12:29 PM 76k 79k 109k Is someone stress testing the network? Seems like a lot of BTC flying around! It's either someone running an "attack/stress test" or an increment in usage because of: 1) Chinese capital controls 2) People cashing out to buy Christmas presents all over the world. 3) A mix other random reasons Title: Re: Blocks 286,287,288 Post by: Abiky on December 26, 2015, 11:29:05 PM 76k 79k 109k Is someone stress testing the network? Seems like a lot of BTC flying around! This looks like a very positive trend. It could either be a huge investor (like Bill Gates or some millionaire) or probably the Chinese as they usually are the ones that drive the price up (according to what I have seen) Expect this to happen more once Bitcoin gets the attention it deserves and it is accepted as a mainstream currency. :) Title: Re: Blocks 286,287,288 Post by: NorrisK on December 27, 2015, 08:58:27 AM The value of the transactions has hardly anything to do with stress testing the network.
The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much. Title: Re: Blocks 286,287,288 Post by: anthonycamp on December 27, 2015, 09:03:43 AM The value of the transactions has hardly anything to do with stress testing the network. The number of transactions is much more important as the value of transactions does not influence the size of the transaction that much. well the number its a bit high too but since the trasactions envolv more gathered btcs theres no big number and no much stress and besides this always for a newibe like me never stresed me out the trasactions take just 30 mins and the net aways repaies Title: Re: Blocks 286,287,288 Post by: hexitor on December 27, 2015, 09:05:30 AM That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already.
Title: Re: Blocks 286,287,288 Post by: nickhiggins123 on December 27, 2015, 12:52:06 PM That's barely worth anything back then... Remember 2 pizzas were worth 10k BTC. if you buy 16 pizzas that's 80k BTC already. I do believe this instance was an anomaly, not actually a set price for something such as Pizza Hut... Lol. |