Bitcoin Number of Transactions touching All Time High

[novacn]

This is great news. We see everything going smooth this year, except for the price. 

[Unbelive]

This is great news. We see everything going smooth this year, except for the price. 

Price is good also. What would happen inf Bitcoins would be $10k? Everyoen woudl thought now will soon go to $1k and noone would ant to adopt them in their business, since today they will sell something for 1 BTC that will be half of worth next day.

[Powerpuff]

They are also selling it for fiat too much that's why the price is going down.

[Bit N Roll]

This is great news. We see everything going smooth this year, except for the price. 

Price is good also. What would happen inf Bitcoins would be $10k? Everyoen woudl thought now will soon go to $1k and noone would ant to adopt them in their business, since today they will sell something for 1 BTC that will be half of worth next day.

Is it? I think price is still a little bit unstable right now.

[wesk1212]

Its all margin trading bots anyways. Transaction volume doesnt reflect the demand. Its all bot.

[johnyj]

As a broker, I can also fee the user base has increased by 4x comparing with last year

[Nextgen]

its good for bitcoin
it show that more users and merchants show their trust in cryptography
bitcoin is growing with stable growth, also its price are more stable now then past

[waser12]

It can only be positive, its show the credibility of this virtual money.

[LiteCoinGuy]

how to beat a free, worldwide, instant, uncensored payment system? i give a shit on the price, look at the fundamentals   

[Nagle]

Its all margin trading bots anyways. Transaction volume doesn't reflect the demand. Its all bot.

Compare  volume in US dollars, which is flat.

There are more transactions, but the transaction size is dropping. This suggests 'bots busily making little trades.

[MikeCorleone]

Its all margin trading bots anyways. Transaction volume doesnt reflect the demand. Its all bot.

Yes, this is true, sadly.

USD value of transactions is pretty steady.

[FUR11]

It really feels more and more like 2013 again!!! I also believe that the traffic of SatoshiDice-like sites went down, in favor of sites were you first deposit some BTC in order to bet. That way the amount of transactions will most likely have gone down!