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> Also I just checked the median transaction amount on Bitcoin and it's something about $200. So it's reasonable to assume that at least half of all transaction
by zepto 5y ago
> Also I just checked the median transaction amount on Bitcoin and it's something about $200. So it's reasonable to assume that at least half of all transactions are actual purchases of things and services.
No it isn’t.
- throwaway248329 5y agoAny other reason why you would move $200 worth of BTC? I've only ever done such transactions when I was making purchases with it.
- AnIdiotOnTheNet 5y agoWash trading.
- throwaway248329 5y agoWash trading happens on exchanges, not on-chain.
- zepto 5y agoLots of people invest by buying small amounts regularly.