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Title: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: SydorFunk on December 04, 2014, 07:24:16 PM Title: Re: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: wickedgoodtrader on December 04, 2014, 07:34:03 PM Transactions don't move the price. Buys do. Hell many of those transactions may have been to buy stuff for xmas, thus they are getting sold on the market.
Title: Re: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: Meuh6879 on December 04, 2014, 07:44:00 PM transactions rise ... price is stable.
developpers can monitor all of that and predict the rise of block size. :D Title: Re: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: nwfella on December 04, 2014, 08:09:54 PM Bitcoin price may not be on the rise, but I'll tell you one thing that is...the space requirements for maintaining a full node on my laptop ┌༼▀̿̿Ĺ̯̿̿▀̿༽┘
Title: Re: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: 1Referee on December 05, 2014, 12:07:34 AM It would have been very funny if the price would rise just because we reached 100K transactions.
That would only feed manipulators who would just spam the blockchain with dust transactions. Title: Re: New Bitcoin record - 100,000 transactions but the price is not moving? Post by: Sumo on December 05, 2014, 12:16:32 AM True, more trasnsactions means more Merchants to dump the bTC to cash upon receiving it.
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