|
Title: Velocity of Bitcoin Post by: ashaw596 on May 23, 2013, 02:10:56 PM You know, I did a quick calculation, and about 10% of the entire bitcoin volume is transacted every day (hopefully I didn't misplace a zero). Thats pretty high. Anyone economists here actually know if this is a good thing or a bad thing and what it might do to the value of bitcoins?
Title: Re: Velocity of Bitcoin Post by: N12 on May 23, 2013, 02:12:17 PM Moving money from the same person's address to another address doesn't have to do anything with "transactions".
Title: Re: Velocity of Bitcoin Post by: ManBearPig on May 24, 2013, 12:36:53 PM You know, I did a quick calculation, and about 10% of the entire bitcoin volume is transacted every day (hopefully I didn't misplace a zero). Thats pretty high. Anyone economists here actually know if this is a good thing or a bad thing and what it might do to the value of bitcoins? Care to show your working out and we'll see if you misplaced a zero? :) |