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Author Topic: small basic BTC situation analysis  (Read 43 times)
zuggu-1
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August 14, 2018, 09:02:06 PM
 #1

Amount of TXs in Bitcoin network reached its limit, few hours ago mempool started to grow (higher fees, slower txs). But what does this mean?
Most likely after Asian (timeline based assumption) dump, US based holders are moving their coins to Exchanges to sell!!



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August 14, 2018, 11:00:52 PM
 #2

The 1M block limit the transactions on-chain. Btc can not be better any more.
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August 15, 2018, 03:02:20 AM
 #3

whenever there is a major price change there is also an increase in the number of transactions made on the bitcoin blockchain. these transactions are both people sending their coins to exchanges to sell AND people buying bitcoin on exchanges and sending them to their cold storage. you know that in the market for every sell there is a buy, they don't vanish in the air. so you can't say because there are more transactions then there must be more buys or more sells. there is more buys and sells.

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