Post
Topic
Board Bitcoin Discussion
Re: 10% of BTC are moving around every day
by
static
on 21/07/2011, 04:38:21 UTC
Interesting statistics from BitcoinWatch.com

Total Bitcoins: 6.8m
Bitcoins sent last 24h: 621,000

This means almost 10% of all Bitcoins in existence are moving around every day! (unless this figure is abnormal?)  Likely the majority is just people moving coins around between wallets, but it does indicate a very active and dynamic environment, no?

Remember also that simple day trading at an exchange is not going to show up here, because the coins aren't really moving around, it's only ledger notations within Mt.Gox or Tradehill, etc.

Interesting?






cool story...