Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JorgeStolfi
on 29/10/2014, 14:09:08 UTC

Yet the total daily transaction output volume in BTC (minus changebacks) is still ~120 kBTC/day, less than it was in mid-March, late May, and two weeks ago:
https://blockchain.info/charts/estimated-transaction-volume?showDataPoints=false&show_header=true&daysAverageString=7×pan=&scale=0

And, since the price has been falling, the total volume in USD (minus changebacks) has been stagnating near 50 M$/day since late March, after falling from 80+ M$/day in January
https://blockchain.info/charts/estimated-transaction-volume-usd?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0

By the way, those charts do not seem to have been maintained in a long time, and no one is monitoring their "contact us" thread.  I wonder how they identify the "popular addresses".  The growth in the chart posted by @touhonoob could be due to that list becoming outdated, so that new "popular addresses" are increasingly being included in the plot.