Post
Topic
Board Speculation
Re: Unconfirmed Transactions keeping price up?!
by
laxinternational
on 10/12/2017, 14:17:01 UTC
My question is already in the subject line.
I saw today that there is about 180 k unconfirmed transactions (https://blockchain.info/unconfirmed-transactions)

Besides the fact that it undermines btc's reputation and ability as a currency, is that what keeps the price steady at the moment?

Maybe you can help me out here, but the most likely scenario for me is that this prevents the btc price from dropping right now?

thanks in advance for your input!

Number of unconfirmed ones is decreasing significantly. It was almost 250k and now it's just above 100k transactions. This is a good sign for bitcoin. I don't think unconfirmed transactions make the price go up.