Number of transactions hitting new highs!

Towlie

member

Activity: 65

Merit: 10

Quote from: wesk1212 on November 13, 2014, 01:11:50 AM

bot trade is also counted into the transactions. right?

Bot trades on exchanges? No, but withdrawls to actual bitcoin wallets will.

Quote from: Dissonance on November 13, 2014, 04:02:07 PM

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Quote from: knight22 on November 12, 2014, 10:33:50 PM

Quote from: DMichael on November 12, 2014, 10:29:06 PM

Hello, I'm new here! Grin

Perhaps, it's the Changetip effect!

Is that how you knew about bitcoin?

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

See I've been saying , changetip is going to make bitcoin go viral. Welcome to the community.

How long has chnagetip been running though? I'm not sure it's the cause of the sudden rush.

Kakmakr

legendary

Activity: 3542

Merit: 1965

Leading Crypto Sports Betting & Casino Platform

It was only Chinese Singles day, that caused the increased in transactions, it will normalize soon. ^Smile^
That and the trade bots running wild, when the price spiked. ^LoL^
The next spike will come close to Black Friday ^Roll Eyes^

LeMiner

member

Activity: 139

Merit: 10

We just crossed the all time high of last year, at an impressive 95,680 transactions in a day (or 100,000 incl popular addresses)

Lethn

legendary

Activity: 1540

Merit: 1000

Something big is going to happen with Bitcoin guys Tongue

get ready for it, great to see some actual newbies around because I've been reporting a shit ton of sneaky necro posters lately.

Dissonance

full member

Activity: 167

Merit: 100

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Quote from: knight22 on November 12, 2014, 10:33:50 PM

Quote from: DMichael on November 12, 2014, 10:29:06 PM

Hello, I'm new here! Grin

Perhaps, it's the Changetip effect!

Is that how you knew about bitcoin?

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

See I've been saying , changetip is going to make bitcoin go viral. Welcome to the community.

Piston Honda

legendary

Activity: 2730

Merit: 1068

Juicin' crypto

Quote from: inBitweTrust on November 12, 2014, 11:14:10 PM

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

Welcome to the community, and don't let the bear-whales scare you. Expect some whales to cash in plunging the price of BTC after this initial rally probably once more in December or late November. Have some fiat ready for this action and never sell for a loss, you will do great.

Good advice right here

RobertDJ

full member

Activity: 155

Merit: 100

Quote from: wesk1212 on November 13, 2014, 01:11:50 AM

bot trade is also counted into the transactions. right?

No. Trades will not be counted as transactions because they are done "off chain" on the exchanges.

The number of TX per second is only actual transactions that are pushed and confirmed by the miners

wesk1212

full member

Activity: 486

Merit: 100

bot trade is also counted into the transactions. right?

maurya78

hero member

Activity: 490

Merit: 500

The no: of transactions is growing due to easier ways to spend btc, more spending options, andf gradual though slower than expected adoption

RobertDJ

full member

Activity: 155

Merit: 100

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Quote from: knight22 on November 12, 2014, 10:33:50 PM

Quote from: DMichael on November 12, 2014, 10:29:06 PM

Hello, I'm new here! Grin

Perhaps, it's the Changetip effect!

Is that how you knew about bitcoin?

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

LOL that is probably the best possible "tip" that anyone can ever receive.

I don't think that changetip is causing the number of transactions to rise as much as it has, as the massive number of people tipping is somewhat recent while the trend of the number of transactions per second growing is more long term.

I would suggest that you check out the Beginners and Help section to learn about bitcoin. There are a lot of people who are very experienced who frequent the section that are more then willing to answer your questions (even if they have been asked multiple times.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

Welcome to the community, and don't let the bear-whales scare you. Expect some whales to cash in plunging the price of BTC after this initial rally probably once more in December or late November. Have some fiat ready for this action and never sell for a loss, you will do great.

knight22

legendary

Activity: 1372

Merit: 1000

--------------->¿?

Quote from: DMichael on November 12, 2014, 10:39:08 PM

Quote from: knight22 on November 12, 2014, 10:33:50 PM

Quote from: DMichael on November 12, 2014, 10:29:06 PM

Hello, I'm new here! Grin

Perhaps, it's the Changetip effect!

Is that how you knew about bitcoin?

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

I'm glad to hear that changetip is getting momentum. Welcome here and have fun!

DMichael

newbie

Activity: 3

Merit: 0

Quote from: knight22 on November 12, 2014, 10:33:50 PM

Quote from: DMichael on November 12, 2014, 10:29:06 PM

Hello, I'm new here! Grin

Perhaps, it's the Changetip effect!

Is that how you knew about bitcoin?

Yes, sir. I got a "beer" in Changetip and then bought 4 bitcoins at Coinbase at around $360 each. So I'm up so far! I won't buy anymore though as I don't have money to lose.

Trying to learn a little bit about the Bitcoin each day, watching youtube videos and what have you!

knight22

legendary

Activity: 1372

Merit: 1000

--------------->¿?