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Why is the transaction volume so high?
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Topic: Why is the transaction volume so high? (Read 1240 times)
Zarathustra
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Why is the transaction volume so high?
August 06, 2013, 08:14:42 AM
#1
Where is this new volume coming from?
http://blockchain.info/charts/n-transactions-excluding-popular
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julz
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Re: Why is the transaction volume so high?
August 06, 2013, 11:16:32 AM
#2
I have a gut feeling that a lot of it is being generated by people investing in various Bitcoin stocks on btct, bitfunder etc + deposits/withdrawals on some of the new gambling sites such as just-dice.
Also... I think there has been a lot of ASIC mining rig buying going on. So many different groups offering chips,kits & rigs.
Just a guess though.
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naphto
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Re: Why is the transaction volume so high?
August 06, 2013, 11:19:50 AM
#3
Or people switching exchangers from mt.gox to something else.
bitcoinbboyce
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Re: Why is the transaction volume so high?
August 06, 2013, 12:00:13 PM
#4
MT Gox testing out the new trading engine with 500k transactions a second
smoothie
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Re: Why is the transaction volume so high?
August 06, 2013, 12:16:55 PM
#5
Quote from: bitcoinbboyce on August 06, 2013, 12:00:13 PM
MT Gox testing out the new trading engine with 500k transactions a second
Or so they claim. I've just ignored any news MTGOX puts out as just lies.
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Zarathustra
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Re: Why is the transaction volume so high?
August 06, 2013, 01:39:08 PM
#6
Quote from: bitcoinbboyce on August 06, 2013, 12:00:13 PM
MT Gox testing out the new trading engine with 500k transactions a second
You think, your answer is funny, because you don't understand the chart.
bitcoinbboyce
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Re: Why is the transaction volume so high?
August 08, 2013, 03:04:53 PM
#7
Quote from: Zarathustra on August 06, 2013, 01:39:08 PM
Quote from: bitcoinbboyce on August 06, 2013, 12:00:13 PM
MT Gox testing out the new trading engine with 500k transactions a second
You think, your answer is funny, because you don't understand the chart.
You think, your response is funny, because you don't understand, what I understand.
zoinky
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Re: Why is the transaction volume so high?
August 08, 2013, 06:10:44 PM
#8
Manipulation, always manipulation.
adamstgBit
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Re: Why is the transaction volume so high?
August 08, 2013, 06:53:44 PM
#9
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