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Author Topic: Sustained transaction averages above 170 per hour.  (Read 982 times)
MoonShadow
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November 25, 2010, 02:08:38 AM
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I see that, according to bitcoinwatch.com, that the average transactions per hour is above 170 per hour, ringing in at about 22 per block.  It was not so long ago that the average was less than 20 per hour, counting the award transactions.  I think that this shows that there is a grey market of vendors unknown to the forum, and that is much of what has been driving up the market price.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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kiba
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November 25, 2010, 02:12:58 AM
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I believe it was just transaction spamming.

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November 25, 2010, 06:55:59 AM
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This has been happening on and off for a while. Check bitcoinexplorer and it's pretty clear whether it's legit activity or spam.
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