Post
Topic
Board Speculation
Re: Bitcoin number of transactions all time high?? BEAR MARKET IS GONE!
by
Kiweikoo
on 16/03/2019, 19:18:05 UTC
Looks like we are out of bear market!

Please check number of transactions for the Bitcoin. Very close to all time high.
If this is not proof of adoption for some people I don't know what adoption should be like.

https://twitter.com/vradovic/status/1104489493229264896
I don't think that the all time high in the numbers of bitcoin transaction show that the bear market is over, but actually shows that there is a massive adoption in the use of bitcoin not just as a store of value anymore, but due to the introduction of segwit and low transaction fees, bitcoin are now used also for microtransaction which include the payment for coffee from a coffee store.

Though I agree with you that the bearish market is over and in the next few weeks, we are going to see a bull run in the price of bitcoin.