Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Quote from: JorgeStolfi on October 29, 2014, 02:09:08 PM

Quote from: touhonoob on October 29, 2014, 01:13:15 PM

Number of transactions ATH
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=1year&showDataPoints=false&daysAverageString=14&show_header=true&scale=0&address=

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 The growth in the chart posted by @touhonoob could be due to that list becoming outdated, so that new "popular addresses" are increasingly being included in the plot.

There's NOTHING that is really bearish about the data contained in your first two links above, and your last point seems to be near total pie in the sky speculation with NO real world evidence to support the point that you seem to be attempting to outline (as if bitcoin is kind of dying away... hehehehe.. yeah, right...)