Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Number of Transactions touching All Time High
by
ranochigo
on 31/10/2014, 15:12:34 UTC
This much BTC in the stream then why the price isn't getting up. It should rise above 500 given the current market cap. But all this transaction, where are they leading to?
It can just be people withdrawing or transferring coins from one another. Since the address don't give out names or personal information, some of the transactions may just be people moving or withdrawing coins to their wallet or people spamming dust amounts to advertise.