Ninjastic
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Board Speculation
Re: view: bitcoin has hit its full potential
by
Nagle
on 25/09/2014, 17:38:54 UTC
Quote from: bustrod on September 25, 2014, 04:05:14 PM
Quote from: impulse on September 25, 2014, 03:49:20 PM
Quote from: sublime5447 on September 25, 2014, 03:18:52 PM
And yet the price continues tanking and the daily transaction volumes keep falling.  

You are misinformed, daily transactions are near an all time high:

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

he may be referring to volume instead of number of transactions:

https://blockchain.info/charts/estimated-transaction-volume
..however, he's still incorrect.

it has, in fact, about doubled in the last 60 days:
https://blockchain.info/charts/estimated-transaction-volume?timespan=60days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

Nah. Take a look at estimated USD transaction volume., which is adjusted for change-making and other transactions that don't represent ownership transfers. Not much change since April, and way down from the China peak last December. (There's also a huge peak around the time Mt. Gox went down.)