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Title: Bitcoin price change vs. number of transactions Post by: Mikestang on March 02, 2015, 05:03:17 PM http://i62.tinypic.com/5bpxex.png
source: http://www.c n b c.com/id/102456187 (why is cnbc a suspicious site?) It's an interesting graph, not totally convinced it's corollary or causational. Is this relationship a result of people selling off btc for fiat as soon as they're done with a transaction, or are there other factors? Title: Re: Bitcoin price change vs. number of transactions Post by: thejaytiesto on March 02, 2015, 06:42:15 PM Number of transactions going up is always good news regardless price. Price can be manipulated, right now there is a war against Bitcoin going on to keep the price down.
Meanwhile more and more people are using it regardless price. |
