Bitcoin has reached the tipping point - page 10.

rockethead

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Quote from: JimminyCricket on September 06, 2014, 02:28:29 PM

Quote from: knight22 on September 06, 2014, 12:58:39 PM

Quote from: JimminyCricket on September 06, 2014, 12:39:19 PM

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

Yeah, its flat-lining

Nope, you just have the wrong time frame
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

If the median breaks through 80,000 per day, then I'll concede you're right. It looks flat across February - August to me.

What can be belying about the number of transactions is that BTC may be the entry point from fiat into the crypto world. More transactions do not necessary translate to BTC being well supported. It can also mean that other cryptos may be the reason why BTC is being transacted so much.

What would be interesting is the value of BTC over time AND the number of transactions. If transactions increase but the value of BTC is trending downwards, then it is a signal of the beginning of the end of BTC and it may well be a protracted downtrend.

It is interesting to note that Crypto 2.0 is beginning to take shape with NXt being the first one off the block followed by NEM.

Crypto 2.0 is no more about a coin but more about an ecosystem in which the value of assets in the ecosystem may be more than the value of the coin itself. The purpose of the coin is used to fuel the transactions instead.

Zombier0

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All go For LTC

25hashcoin

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Not even an original troll post OP. smh.

pork pie

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Quote from: digitalindustry on September 03, 2014, 03:55:33 AM

Quote from: waldocarter on September 02, 2014, 10:26:40 PM

I don't see Bitcoin going away any time soon.

Why not?

if you know anything you know it is fundamentally flawed which has been all but admitted now by the lead developers.

They will probably eventually fix any really big problems. The first bitcoin wallets are now unusable because of today's wallet improvements, and I expect today's wallet will be unusable in another five years because the devs will gradually add new improvements.

sandpaper

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Sell me all your BTC then for $300 each. Thanks

JimminyCricket

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Quote from: knight22 on September 06, 2014, 12:58:39 PM

Quote from: JimminyCricket on September 06, 2014, 12:39:19 PM

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

Yeah, its flat-lining

Nope, you just have the wrong time frame
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

If the median breaks through 80,000 per day, then I'll concede you're right. It looks flat across February - August to me.

knight22

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--------------->¿?

Quote from: JimminyCricket on September 06, 2014, 12:39:19 PM

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

Yeah, its flat-lining

Nope, you just have the wrong time frame
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=

JimminyCricket

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

Yeah, its flat-lining

Amph

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you have a problem reading chart because bitcoin is rising

saying that other coins will surpass bitcoin, when their solely purpose is to make your bitcoin bag bigger, fucking funny

Quote from: Nullu on September 03, 2014, 12:17:19 PM

Quote from: YOLOMAN on September 03, 2014, 06:12:47 AM

I think bitcoin will worth 1200$ within 1 month.

I highly doubt it.

you would have said the same before the 1000 pump

Spoetnik

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FUD Philanthropist™

Quote from: devphp on September 02, 2014, 08:00:56 AM

But it's not the tipping point after which it grows exponentially, no. It's the tipping point where people start fleeing it en masse to other technologies and undervalued cryptos. After all, why would you buy Bitcoin if you can buy something cheaper, which does the same, or even better - if you can buy something cheaper which does the same and then a few other things. Bitcoin was the bootstrapping crypto, now is the time for other technologies to take its place. It won't happen overnight, but the process has begun.

Quote

... which does the same

your high on crack buddy Roll Eyes

i think your blind and i bet you suffer from bag holder syndrome.. bullshitting yourself in the hopes of getting rich one day.
i quoted you for a reason Wink

your delusional..

knight22

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--------------->¿?

Quote from: amytheplanarshift on September 02, 2014, 08:10:36 AM

Agreed. I also think the tipping point has been reached or at least will be reached in the very near future. A lot of people will most certainly call me crazy, but Bitcoin is dead to me.

O RLY?

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

Coinoman

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Yes. Next step XXXcoin!

kattekop

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In good times there's applause, in bad times there's despair.
Profit from despair!

LeChatNoir

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Coinpanion.io - Copy Successful Crypto Traders

Quote from: devphp on September 06, 2014, 02:05:40 AM

Price action gives strong signals. Bitcoin has stagnated, price in USD is not going anywhere. Bitcoiners invest in other technologies, in those that show at least some advancement and progress. 2014 is the year of Bitcoin peak as a technological break-through. Its price may still grow a bit or not, it doesn't matter. It has served its purpose and is quickly turning into a fertilizer for the soil of crypto technologies on which innovations will blossom.

R.I.P Bitcoin. You did good. You will be remembered.

I couldn't have said it better.

R.I.P. Bitcoin

e1ghtSpace

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Crypto since 2014

I think (more like hope) the price will rise. They always said lots of people used to say "bitcoin will never reach $10" and look where it is now.

devphp

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Price action gives strong signals. Bitcoin has stagnated, price in USD is not going anywhere. Bitcoiners invest in other technologies, in those that show at least some advancement and progress. 2014 is the year of Bitcoin peak as a technological break-through. Its price may still grow a bit or not, it doesn't matter. It has served its purpose and is quickly turning into a fertilizer for the soil of crypto technologies on which innovations will blossom.

R.I.P Bitcoin. You did good. You will be remembered.

waldocarter

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