Daily BTC transactions number record broken

[smoothie]

this is a very good thing. Looks like bitcoin is growing despite the price not.

[botany]

this is a very good thing. Looks like bitcoin is growing despite the price not.

I guess the price will follow with a lag.
Increased number of transactions is definitely something to cheer!

[fryarminer]

This is a good thing! I wonder how many people are using Bitcoin now. I doubt a large percentage do transactions daily in btc, and if only a certain percentage of Bitcoin users made the 100k transactions, we have an indication how much it has been adopted.

[caga]

I bet most of the transactions are from gambling 
The second coming from goods/digital goods transaction
And the third come from exchange site 

Yes, Gambling is probably the most. Even when you go to blockchain, and see the transactions happening, you will see a wide number of gambling site transactions.

[botany]

I bet most of the transactions are from gambling 
The second coming from goods/digital goods transaction
And the third come from exchange site 

Gambling is a vice which will be prevalent, bitcoin or not.
Bitcoin grabbing a share of the gambling market is not a bad thing at all.

[tins]

this is a very good thing. Looks like bitcoin is growing despite the price not.

Take away the artificial GoxBot, price has gone up quite a bit (...significantly higher than my money market account).

[malaimult]

I bet most of the transactions are from gambling 
The second coming from goods/digital goods transaction
And the third come from exchange site 

I agree that gambling sites probably do make up a large amount of the blockchain transactions. At one point satoshi dice activity made up a significant percentage of transactions (although it has declined somewhat as of recently).

I would say that exchange activity probably would be second in my mind as I would think people would be constantly depositing and withdrawing when they are day trading, trying to perform arbitrage, or just buying to hodl. Plus when you deposit bitcoin on an exchange, the funds will almost always immediately move internally 

[bitllionaire]

bitcoin use is higher and higher and price keeps coming down, I don't know why
manipulation?

[BiTJack]

That's a good thing more people in bitcoin ecosystem now i bet a large portion of them are on on-chain casinos/gambling sites
but that's not a bad thing at all despite the prices these days.

[Divinespark]

The tx figure is inflated by all sorts of non commercial txs, isnt it?
Not sure how representative it is

[botany]

bitcoin use is higher and higher and price keeps coming down, I don't know why
manipulation?

The key variable is velocity of money.
Use may be increasing but it could be the same coins circulating.

[zetaray]

One person can make tens of transactions a day when he is shifting his coins around. This is what I think is happeng, with this new altcoin everyone is crazed about.