Topic: The ONLY Graph in town. (Read 864 times)
I like the curve seen in the graph. And same goes for those people who were complaining about bitcoin price which kept on going down but little did they realize the fact that few years back, a unit of bitcoin was once worth only a penny compared to its current price of about 240 right now. So that is enough to convince it has already made leaps and bounds.
Number of transactions is not good value when you want to brag about how bitcoin changed the world and how successful bitcoin community is.
Err.. (Looks at Satoshi and rolls eyes..) If you don't think that Bitcoin has changed the world, we live on different planets. Not just the 'primus' - BITCOIN - but all the seeds and ideas that have sprouted around it. Decentralisation, crypto, financial freedom, self-governance, .. dare I say it.. REBELLION!! (..Raises arm fist clenched.. !)
And, if you don't think that a system designed, amongst other things, to process transactions assigning ownership of virtual coins from one address to another, can be considered successful given the number of said transactions that it is processing.. for a fee..for whatever reason.. again.. I live on Earth.
Frankly, number of transactions don't matter in the long run. Of course it shows that bitcoin is more popular and people are using it. But what else?
Well (..sighs), I'll just have to make do with '..is more popular and people are using it..' .. Fine? HAPPY now..!?.
That is right, nothing really. When people think about bitcoin there are 2 primary thoughts. How much 1 bitcoin is worth and where I can use it.
That's not what I think. Not sure about Satoshi either. He's keeping tight lipped.
Now.. Put that Gun Down.. and come and have a drink with SATOSHI and ME!! ..
..
Number of transactions is not good value when you want to brag about how bitcoin changed the world and how successful bitcoin community is.
Frankly, number of transactions don't matter in the long run. Of course it shows that bitcoin is more popular and people are using it. But what else?
That is right, nothing really. When people think about bitcoin there are 2 primary thoughts. How much 1 bitcoin is worth and where I can use it.
They do not care about number of transactions at all.
Frankly, number of transactions don't matter in the long run. Of course it shows that bitcoin is more popular and people are using it. But what else?
That is right, nothing really. When people think about bitcoin there are 2 primary thoughts. How much 1 bitcoin is worth and where I can use it.
They do not care about number of transactions at all.
So many people scream HODL and say that they would never spend thier bitcoins,
They don't understant what bitcoin is, the price doesn't matter
The perma-HODLers do understand what bitcoin is, that is why we hold. Price does matter, but only if/when you are unloading btc. More transactions is great but it doesn't tell us all that much about activity unless you control for the most frequently used wallets. Yes, it is growing. In truth, this is the only graph that ever mattered:They don't understant what bitcoin is, the price doesn't matter
People are using it, for whatever they want, in a way that is so FREE, free as in FREEDOM, no-one really knows what to make of it.
I agree with this part, and I am happy that someone else on these boards actually sees it, and wants it to continue! So many people scream HODL and say that they would never spend thier bitcoins,
They don't understant what bitcoin is, the price doesn't matter, it is a new form of money, it is money for the people and it is catching on, maybe not as fast as we would like, but it is and it will continue to grow.
I wonder where it will be this time next year, or even a few years from now. I think bitcoin has only reached a tiny percentage of its potential use. Imagine if/when we can spend it on the highstreet or buy porn or use it to freely gamble or immigrants using it to send money back home to your family. It's potential is limitless.
Dear spartacusrex I totally agree with everything you wrote.
It's just a matter of time.
thanks for sharing
It's just a matter of time.
thanks for sharing
it's funny because that was bitcoin is doing at the end, if you pick the whole chart of the history of bitcoin, since its launch, it's clear that the absolute value is definetly rising
We are about to reach 100,000 transactions per day average... I know..
Nice step forward, long way to go . But Bitcoin can't die, its best store of value ever created. Immune to manipulation by people. 
Finally somebody with a clear head and good thinking. You captured all that actually matters.
Nice graph and wonderful numbers! I didn't realize the numbers, you made my day brighter!
Nice graph and wonderful numbers! I didn't realize the numbers, you made my day brighter!
Even that its coming to be world wide used at this scale, we still have a long road to run to make Bitcoin even better.
We are about to reach 100,000 transactions per day average... I know..
That. is. a. lot..
If Satoshi were sitting opposite me.. lucky me.. I'd stand up, and propose a toast.
To SATOSHI! ... You crazy bastard - You've DONE IT! You've only gone and changed the whole damn financial playing field for the betterment of ALL..
(Then we all stand up and laugh and drink and jump around and be merry)Whatever 'else' is happening in Bitcoin, here it is, clear as day.. It works.
The Price doesn't matter. The regulation doesn't matter. The current difficulty-to-entry doesn't matter. The reports of people giving their coins to other people who then run off with them.. doesn't matter.
None of it has had any effect on the slow, steady, build up of momentum.
People are using it, for whatever they want, in a way that is so FREE, free as in FREEDOM, no-one really knows what to make of it.
I'll tell you what to make of it.
It's wonderful..
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