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BTC Fundamentals: cum. tx number reveals disturbing trend
BTC Fundamentals: cum. tx number reveals disturbing trend
By RealMcafee
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Updated
Jul 11, 2018
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Jul 11, 2018
The cumulative transaction number displays distinct s-trend in linear chart indicating halfway point has been passed.
Was 2017 peak adoption in terms of growth rate? Sure there cumulative number will increase, but tx per unit time?
Tx/sec has already crashed to 2015 levels.
Jul 11, 2018
Comment
In addition, evidence that bulls still not capitulated. Percentage of exchange volume still very high compared with non-exchange (use case) volume.
Jul 12, 2018
Comment
Was pointed out to me that USD per transaction is still at mid-2017 levels.
also see
twitter.com/woonomic/status/1017424424826540032
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