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Title: Is everyone positioning themselves for a bubble? Post by: CoinHoarder on November 19, 2013, 07:24:07 PM Compare:
This: https://blockchain.info/charts/market-price to This: https://blockchain.info/charts/n-transactions It looks to me that possibly a lot of people are sending money into the exchange to get ready for a bubble. Of course this is just speculation, but it seems like it could be a possibility that the reason for the increased number of transactions is people getting their BTC on an exchange. The coinbase chart is actually where I just noticed this.. it shows both graphs side by side: https://coinbase.com/charts I'm not saying that I am for sure right on this, but it is just something I noticed and something to take into consideration. Or is this just people transferring their newly bought Bitcoins to a safer storage medium? I suppose it's anyone's guess, but I'm interested in your opinions. |