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Author Topic: Is everyone positioning themselves for a bubble?  (Read 545 times)
CoinHoarder (OP)
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November 19, 2013, 07:24:07 PM
Last edit: November 19, 2013, 07:34:20 PM by CoinHoarder
 #1

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.
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