Bitcoin Forum
April 24, 2019, 03:12:24 AM *
News: Latest Bitcoin Core release: 0.17.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Adoption Has Reached a New All Time High  (Read 2335 times)
rohnearner
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250

REAL-EYES || REAL-IZE || REAL-LIES||


View Profile WWW
October 02, 2014, 06:21:29 PM
 #21

Trend is still going down and will remain this way until some good news come a long.
I don't understand what good news you are looking for..? Read stories of last few months and you'll realize there aren't any bad news except the few that took place earlier this year and they made such an impact that the market hasn't recovered from that yet, and keeps going down and down..! but this will end eventually might take some time though. ..!

1556075544
Hero Member
*
Offline Offline

Posts: 1556075544

View Profile Personal Message (Offline)

Ignore
1556075544
Reply with quote  #2

1556075544
Report to moderator
1556075544
Hero Member
*
Offline Offline

Posts: 1556075544

View Profile Personal Message (Offline)

Ignore
1556075544
Reply with quote  #2

1556075544
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
wobber
Legendary
*
Offline Offline

Activity: 1064
Merit: 1000


View Profile
October 02, 2014, 06:27:32 PM
 #22

It's inverted! Good news just pushed the price lower, let's hope for bad news, ie:

- US and EU banning bitcoin as of October 15th
- Overstock, Paypal, Alibaba, Dell, Google, Yahoo, Apple declaring that bitcoin will never be used by them (simultaneous press releases on October 16th)
- Mark Karpeles being acquitted
- SilkRoad operators acquitted but the bitcoins being hold by USMS and wallets deleted.

If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
thejaytiesto
Legendary
*
Offline Offline

Activity: 1358
Merit: 1004


View Profile
October 02, 2014, 10:17:41 PM
 #23

It's not very revealing, could be whales creating a lot of addresses to distribute their wealth better for all we know.
Raystonn
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile
October 03, 2014, 12:09:00 AM
 #24

It could be.  But this metric is for active addresses every day, not how many addresses exist in total.

isov
Full Member
***
Offline Offline

Activity: 155
Merit: 100


View Profile
October 03, 2014, 12:15:49 AM
 #25

We have seen so many bullish things lately but price has only went down so it's hard to believe things would change. I keep hoping and holding anyway.
jjacob
Legendary
*
Offline Offline

Activity: 1554
Merit: 1022


★Nitrogensports.eu★


View Profile
October 03, 2014, 03:53:51 AM
 #26

IMO, this is a metric worth measuring. More important than price I think.

I guess this metric would be easier to manipulate than the price, once it becomes widely tracked.


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
bassclef
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1000



View Profile
October 03, 2014, 04:05:58 AM
 #27

Is it adoption, or just mixing services become more popular ?

Is there any indication that mixing services grow faster than other Bitcoin uses? I don't think so.

The news flow suggests that more and more businesses are accepting bitcoin. So it's reasonable to assume that Bitcoin is becoming more popular in general.

I agree with OP that price versus Bitcoin use shows a bullish divergence.

ya.ya.yo!

What if the person who supposedly stole all the gox coins are mixing, causing the adoption rate to climb, and then selling on the exchanges, causing the price to go down?

I think the Gox addresses are known, or at least many of them. Should coins move out of those wallets, we would probably hear about it.
zimmah
Legendary
*
Offline Offline

Activity: 1106
Merit: 1005



View Profile
October 03, 2014, 05:46:58 AM
 #28

Trend is still going down and will remain this way until some good news come a long.
I don't understand what good news you are looking for..? Read stories of last few months and you'll realize there aren't any bad news except the few that took place earlier this year and they made such an impact that the market hasn't recovered from that yet, and keeps going down and down..! but this will end eventually might take some time though. ..!

I don't think the bad news from early 2014 is why we are in a downtrend still. I think it's because Adoption is not yet enough to match the sell pressure from all the new merchants and the miners. We are getting close, but not quite there yet. Maybe in a few months.
pitham1
Legendary
*
Offline Offline

Activity: 1232
Merit: 1000


View Profile
October 03, 2014, 07:11:41 AM
 #29

Trend is still going down and will remain this way until some good news come a long.
I don't understand what good news you are looking for..? Read stories of last few months and you'll realize there aren't any bad news except the few that took place earlier this year and they made such an impact that the market hasn't recovered from that yet, and keeps going down and down..! but this will end eventually might take some time though. ..!

I don't think the bad news from early 2014 is why we are in a downtrend still. I think it's because Adoption is not yet enough to match the sell pressure from all the new merchants and the miners. We are getting close, but not quite there yet. Maybe in a few months.

A few more months of depressed prices and all the speculators would have moved on. Smiley

Pages: « 1 [2]  All
  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!