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https://bitinfocharts.com/comparison/bitcoin-transactions.html https://bitinfocharts.com/comparison/bitcoin-transactions.ht... Massive transaction growth, a pr
by pmorici 9y ago
https://bitinfocharts.com/comparison/bitcoin-transactions.html https://bitinfocharts.com/comparison/bitcoin-transactions.ht...
Massive transaction growth, a proxy for user adoption, since the Dec. 2013 crash. That lead to steady growth until this spring when Core's no block increase ever policy stunted adoption but by then the bubble had already started to form. you are seeing a bunch of clueless new folks fomo into the crypto space right now. I would be surprised if we aren't entering the blow off top phase. There was just a ~50% movement in a matter of a week. Bitcoin Cash is probably the true Bitcoin long term that is where I'm moving my money.
* Also significant unease over USDT Tether scheme among the wider community could lead to a second Gox like situation