Up from a weekly volume of $16 billion to now over $60 billion, almost quadrupling early 2019 numbers.
https://twitter.com/kerooke/status/1136001784718209024
https://twitter.com/kerooke/status/1136001784718209024
Considering price change this is cut on half. Should've just put volume in BTC.
And why isn't it matching with blockchain.com data? Am I missing something? https://www.blockchain.com/charts/estimated-transaction-volume-usd?daysAverageString=7×pan=1year
Yeah, you're missing one year to really prove what a stupid topic this is.
https://www.blockchain.com/charts/estimated-transaction-volume-usd?daysAverageString=7×pan=2years
We\re miles away from the 2017 values.
that is not tx volume, bitcoin transaction volume should be measured on number of transactions not their value in USD specially when you are comparing it over the long term where price has increased dramatically which is the case here. not to mention that we are talking about bitcoin not USD so reporting things in dollar terms is silly on its own to begin with.
Measuring the number of transactions is not going to do anything either.
There is a physical limit in place, no matter how many transactions are waiting only a limited number will pass.
Also, since large exchanges are starting to batch their transactions there will be slightly less txs in the chain although a larger number of outputs