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Author Topic: [ARTICLE] Bitcoin To Collapse?  (Read 7357 times)
phillipsjk
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September 04, 2011, 09:17:51 PM
 #121

The only stat that matters is transaction volume. Oddly that is not listed on blockexplorer.com or bitcoincharts.org.

By "transaction volume", I mean the number of transactions. The way bitcoin works, every spend of a newly minted coin looks like 50BTC (even if it is 1BTC, 49BTC change).

James' OpenPGP public key fingerprint: EB14 9E5B F80C 1F2D 3EBE  0A2F B3DE 81FF 7B9D 5160
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September 04, 2011, 09:35:06 PM
 #122

The only stat that matters is transaction volume. Oddly that is not listed on blockexplorer.com or bitcoincharts.org.

My "transaction volume", I mean the number of transactions. The way bitcoin works, every spend of a newly minted coin looks like 50BTC (even if it is 1BTC, 49BTC change).

Transaction volume is a worthless metric. People send money to themselves all the time so it doesn't reflect real trading.
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September 05, 2011, 04:28:16 AM
 #123

The only stat that matters is transaction volume. Oddly that is not listed on blockexplorer.com or bitcoincharts.org.

My "transaction volume", I mean the number of transactions. The way bitcoin works, every spend of a newly minted coin looks like 50BTC (even if it is 1BTC, 49BTC change).

Transaction volume is a worthless metric. People send money to themselves all the time so it doesn't reflect real trading.

If there isn't an obvious reason for people to start sending themselves in an increasing (or decreasing) trend while keeping other transactions constant, trends of transaction volume and transaction count are important indicators. Don't look at the numbers, look at the graph. I guess we could kindly ask molecular to do it for us for a donation.
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May 25, 2012, 10:00:58 PM
 #124

Disclaimer: I do not support the views in this article. Have a read and enjoy!  Cheesy

LINK: http://solidcoin.info/solidcoin-ready-for-bitcoin-collapse.php


MicroCash is indeed ready for the SC2 collapse.

Can't believe this idiot still has this article posted on their forum.

http://solidcoin.info/solidcoin-ready-for-bitcoin-collapse.php


~BCX~


I'm still waiting for bitcoin to "collapse" ...
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July 18, 2012, 01:00:48 AM
 #125

Delusions of Grandeur.

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smoothie
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July 18, 2012, 02:48:37 AM
 #126

Wow ya I remember that. What a load of crock! LOL!

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