Bitcoin Forum
April 29, 2017, 07:44:24 PM *
News: If the forum does not load normally for you, please send me a traceroute.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: 2012-05-04 Bitcoin’s “Hockey Stick” Growth Attributed To Novel Gaming Service  (Read 1204 times)
PawShaker
Full Member
***
Offline Offline

Activity: 140



View Profile
May 05, 2012, 04:39:58 AM
 #1

Bitcoin’s “Hockey Stick” Growth Attributed To Novel Gaming Service

Eleven months ago Bitcoin’s trajectory was nearly vertical as each day brought a higher price and the daily transaction volumes on the Bitcoin network were seeing new record levels each day as well.  But then suddenly the ascent stopped and what followed was a long slide back towards earth.

In the months that followed those June 2011 highs the exchange rate had dropped by more than 90% from the earlier highs and the transaction volumes had dropped as low as 68% from the peak.  While the exchange rate is still down considerably with bitcoins trading around $5 USD now the daily transaction volume has shot back up and is once again breaking new records.
[...]

http://www.bitcoinmoney.com/post/22374833252/sastoshi-dice-launch

Note: Looks almost like an ad for SatoshiDice, however if observation on number of transactions is correct it may be interesting.

1FQkH63k6hkexFMTRzLtJEE6ZAaTBRhjiS
1493495064
Hero Member
*
Offline Offline

Posts: 1493495064

View Profile Personal Message (Offline)

Ignore
1493495064
Reply with quote  #2

1493495064
Report to moderator
"Apparently, so I am told, there exist "people" who prefer to wipe sitting down. From the front. Initial research indicates it could be up to half the population." -- benjamindees
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Boussac
Legendary
*
Offline Offline

Activity: 1174


e-ducat.fr


View Profile WWW
May 05, 2012, 11:07:34 AM
 #2

Since the price has been stable around 5 USD for the past two months or so while, in the same time period, more than 400 000 new bitcoins were created, we are also witnessing a steady growth of the market capitalization.

Is there a graph somewhere plotting the total market cap over time ?

hazek
Legendary
*
Offline Offline

Activity: 1078


View Profile
May 05, 2012, 11:59:10 AM
 #3

Is there a graph somewhere plotting the total market cap over time ?

http://www.blockchain.info/charts/market-cap

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
Boussac
Legendary
*
Offline Offline

Activity: 1174


e-ducat.fr


View Profile WWW
May 07, 2012, 07:45:40 AM
 #4

Is there a graph somewhere plotting the total market cap over time ?

http://www.blockchain.info/charts/market-cap
Thanks, I had missed that one.

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!