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My speculation is that most network activity is artificial. The primary source is likely speculation, purchase a cryptocoin and hold it, sell it eventually. I b
by TACIXAT 9y ago
My speculation is that most network activity is artificial. The primary source is likely speculation, purchase a cryptocoin and hold it, sell it eventually. I bet another large source is mining pools. Miners place transactions in a block, solve the hash, get a reward, then distribute the proceeds to members of the mining pool creating more transactions to mine. There are also darkmarket purchases and pass-through transactions (Bitcoin debit card). I do not see Bitcoin being used as a base currency any time soon (i.e. having your salary listed in BTC).