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Topic: Bitcoin price change vs. number of transactions (Read 839 times)

legendary
Activity: 1358
Merit: 1014
Number of transactions going up is always good news regardless price. Price can be manipulated, right now there is a war against Bitcoin going on to keep the price down.
Meanwhile more and more people are using it regardless price.
legendary
Activity: 1274
Merit: 1000

source: http://www.c n b c.com/id/102456187 (why is cnbc a suspicious site?)

It's an interesting graph, not totally convinced it's corollary or causational.  Is this relationship a result of people selling off btc for fiat as soon as they're done with a transaction, or are there other factors?
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