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Bitcoin Forum > Economy > Economics > Speculation > Transactions volume at an all time high?
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Author Topic: Transactions volume at an all time high?  (Read 1290 times)
El Cabron (OP)
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November 29, 2011, 06:01:03 AM
Last edit: November 29, 2011, 07:21:11 AM by Goat
 #1
http://blockchain.info/charts/estimated-transaction-volume
What is going on? If you go by the logic that price is related to transactions should this not be massively bullish? Thanks.



Edit: Link fail, working on that.

Edit: Fixed
Sorry El Cabron, you are banned from posting or sending personal messages on this forum.
Trolling
https://bitcointalk.org/index.php?topic=622250.msg7030081#msg7030081
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November 29, 2011, 06:39:03 AM
 #2
Huh
Your link is to the Speculation board, not a thread.

And the number of transactions isn't at a record high, it's just not falling anymore:
http://www.blockchain.info/charts/n-transactions
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November 29, 2011, 07:30:39 AM
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Last time it was repeated change from a 500k Mongox wallet. I guess it isn't all withdrawn quite yet.
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November 29, 2011, 09:17:26 AM
 #4
I heard some traders withdraw funds from mtgox being scaried of this countdown on main page.

I think mtgox should be a bit serious. Marketplace should not bring surprises for traders. Its not a Santa. It is serious place where serious money go through.
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November 29, 2011, 09:53:20 AM
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I fully agree. I'm surprised that they seem so clueless about important basic things.
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November 29, 2011, 11:19:58 AM
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important basic things like what?
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November 29, 2011, 11:22:09 AM
 #7
Quote from: Goat on November 29, 2011, 07:20:42 AM
http://blockchain.info/charts/estimated-transaction-volume

This is what I meant to post:  http://blockchain.info/charts/estimated-transaction-volume  sorry

With the recent encryption issue, some people have moved their coins to a fresh new wallet.
I guess this coud explain the rise.
Electrum: the convenience of a web wallet, without the risks
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