Post
Topic
Board Speculation
Re: Wall Observer - MtGoxUSD wall movement tracker - Hardcore
by
solex
on 19/05/2013, 21:41:37 UTC
You know  the problem?  That the number of actual bitcoins transactions is going down, volume is doing the same and the number of users paying/buying in bitcoins is becoming quickly the same as oct-dec 2012.

These show an uptrend. If they were a price chart you would call the maintrend very bullish

https://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

https://blockchain.info/charts/my-wallet-n-users


And those show the opposite

https://blockchain.info/charts/n-transactions

https://blockchain.info/charts/n-unique-addresses

Total number of transaction per day is irelevant matched with the unique one. Why? Satoshi Dice. There are people who are doing hundred of them daily so..


Both show a clear long term uptrend ....

Correct wachtwood.
Using the 7-day avg for smoothing
https://blockchain.info/charts/n-unique-addresses?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=

The peak matches the $266 peak when a lot of coins came into the market from cold storage. Only dipped since then due to lower price stability.
The number of addresses used is exploding upwards in a month by month view.