Author

Topic: Velocity of Bitcoin (Read 704 times)

sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
May 24, 2013, 07:36:53 AM
#3
You know, I did a quick calculation, and about 10% of the entire bitcoin volume is transacted every day (hopefully I didn't misplace a zero). Thats pretty high. Anyone economists here actually know if this is a good thing or a bad thing and what it might do to the value of bitcoins?

Care to show your working out and we'll see if you misplaced a zero? Smiley
N12
donator
Activity: 1610
Merit: 1010
May 23, 2013, 09:12:17 AM
#2
Moving money from the same person's address to another address doesn't have to do anything with "transactions".
full member
Activity: 141
Merit: 100
May 23, 2013, 09:10:56 AM
#1
You know, I did a quick calculation, and about 10% of the entire bitcoin volume is transacted every day (hopefully I didn't misplace a zero). Thats pretty high. Anyone economists here actually know if this is a good thing or a bad thing and what it might do to the value of bitcoins?
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