Topic: Sudden rise in Bitcoin transaction numbers - any theories why? - page 2. (Read 6035 times)
It could be a good sign, meaning, bitcoins are used more and more?
Someone needs more ASCIIS
Could be another p&d. You heard it here first.
Based on relationship of volume of transactions and price of Bitcoin to USD, I suspect this means $40 Bitcoins are happening in September.
Time to sell!
Time to sell!
Yes. But this was happening in July when volumes were lower. Also, the transfers involve SD addresses which are excluded from the chart I posted.
https://blockchain.info/address/15Z4XmorKSN51ndyPrZ2EtL7Nnksb88888
It could be a clear sign that summer is coming to an end... no more glory days in the sun; The dreary reality of fall and soon winter will be upon us, it may be a seasonal shift in behaviour as billions return to their computers to observe the lucky few who are doing something other than working.
August 2013 has seen a rise in daily transactions to levels only previously seen during the immediate aftermath of the fall from $266 when many old coins came out of storage. In particular this is where popular addresses (Mt Gox, SatoshiDice etc) are excluded:
http://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
After a steady decline since the bubble-burst the overall transaction count has also climbed fast in recent days to 50,000 per day from a period of 35-40,000:
http://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Blockchain's wallet service also sees a recent increase:
http://blockchain.info/charts/my-wallet-n-tx?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Do you think this a reflection of real-world business increasing usage of bitcoin? Perhaps also from an uplift in Argentina, India and Kenya...?
Some hundreds of transactions are spam-like: large BTC amounts being moved pointlessly back and forward, but I am not sure this is a major factor.
Ideas?
http://blockchain.info/charts/n-transactions-excluding-popular?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
After a steady decline since the bubble-burst the overall transaction count has also climbed fast in recent days to 50,000 per day from a period of 35-40,000:
http://blockchain.info/charts/n-transactions?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Blockchain's wallet service also sees a recent increase:
http://blockchain.info/charts/my-wallet-n-tx?showDataPoints=false×pan=&show_header=true&daysAverageString=7&scale=0&address=
Do you think this a reflection of real-world business increasing usage of bitcoin? Perhaps also from an uplift in Argentina, India and Kenya...?
Some hundreds of transactions are spam-like: large BTC amounts being moved pointlessly back and forward, but I am not sure this is a major factor.
Ideas?
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