Bitcoin Forum

Economy => Speculation => Topic started by: Zarathustra on August 06, 2013, 08:14:42 AM



Title: Why is the transaction volume so high?
Post by: Zarathustra on August 06, 2013, 08:14:42 AM
Where is this new volume coming from?

http://blockchain.info/charts/n-transactions-excluding-popular


Title: Re: Why is the transaction volume so high?
Post by: julz on August 06, 2013, 11:16:32 AM
I have a gut feeling that a lot of it is being generated by people investing in various Bitcoin stocks on btct, bitfunder etc + deposits/withdrawals on some of the new gambling sites such as just-dice.

Also...  I think there has been a lot of ASIC mining rig buying going on. So many different groups offering chips,kits & rigs.

Just a guess though.


Title: Re: Why is the transaction volume so high?
Post by: naphto on August 06, 2013, 11:19:50 AM
Or people switching exchangers from mt.gox to something else.


Title: Re: Why is the transaction volume so high?
Post by: bitcoinbboyce on August 06, 2013, 12:00:13 PM
MT Gox testing out the new trading engine with 500k transactions a second  :P


Title: Re: Why is the transaction volume so high?
Post by: smoothie on August 06, 2013, 12:16:55 PM
MT Gox testing out the new trading engine with 500k transactions a second  :P

Or so they claim. I've just ignored any news MTGOX puts out as just lies.


Title: Re: Why is the transaction volume so high?
Post by: Zarathustra on August 06, 2013, 01:39:08 PM
MT Gox testing out the new trading engine with 500k transactions a second  :P

You think, your answer is funny, because you don't understand the chart.


Title: Re: Why is the transaction volume so high?
Post by: bitcoinbboyce on August 08, 2013, 03:04:53 PM
MT Gox testing out the new trading engine with 500k transactions a second  :P

You think, your answer is funny, because you don't understand the chart.

You think, your response is funny, because you don't understand, what I understand.


Title: Re: Why is the transaction volume so high?
Post by: zoinky on August 08, 2013, 06:10:44 PM
Manipulation, always manipulation.


Title: Re: Why is the transaction volume so high?
Post by: adamstgBit on August 08, 2013, 06:53:44 PM
i've been selling goods for BTC  8)