Well, what is your opinion Veeky Forums? It's quite a drop. We've seen it before, but nothing is certain, with one hype wave already gone in December.
What are your predictions?
Do you think it's coming back anytime soon?
Dylan Hill
Asher Cooper
Concerned self bump
Juan Fisher
No
LINK #1
Leo Nelson
Bitcoin is an entry point for alts you retard, if it keeps falling that means it's all going to shit
Joshua Nguyen
Ok you guys keep spamming about link and ven and any similar shit. I bet you know how important this is but are too scared to even think about it
Jace Hill
VEN best coin.
Also transactions are a flawed metric since BCH fanatics spammed the network.
Liam Torres
no it certainly is not faggot. Litecoin and ETH are the entry point for alts. go back to your reddit cuck lair
Aaron King
I stopped using Bitcoin almost a year ago and only use ETH for entry/trading. Fuck Bitcoin.
Carson Hall
...
Isaiah Morris
Maybe there's less tumbling going on of transactions for illegal goods and services.
Thomas Harris
Shut up, normy. Average block size is at an ATH, which means Bitcoin got much more efficient and that there are more batch transactions.
Elijah Evans
Good riddance to this shitcoin
Wyatt Torres
>that old piece of shit IBM will die and be replaced by Apple and Microsoft ;^)
Luke Lewis
Stopped using btc except to buy other crap coins.
Kevin Hill
looks like we're ferreting out the retards today
Josiah Watson
no
cryptocurrency is "over", the bubble popped back in January-February.
Luis King
Transactions are batched
Austin Reyes
Some shit coins may be over, not the whole market though. Did dot com bubble end all internet enterprises? Some died, new arised.
I think it will be the same this time over
Aaron Lee
Bentley Flores
>he thinks self bumping works
kys newfag
Ethan Brooks
Shits doomed, its eventually going to die. Just a matter of when. And when it does finally its going to drag a lot of other alts with it.
Aiden Butler
This is mass media fud to make normies sell at what they consider an "ok price": 10k. Yes, this actually happens. Once price dips into the 9k range mass hysteria begins.
Christian Lopez
Well no shit, nobody actually uses bitcoin for other than purchases of drugs, weapons and cp. This has always been the intended purpose of BTC and crypto. Why do you think Satoshi never revealed himself. Why do you think Vitalik defends CP and drugs? Only corecucks and cryptocucks push the narrative of transactions happening on the blockchain when in truth nobody is using crypto. The only usecase for crypto is to trade it and become richer. Nothing else.
Levi Roberts
It's going to be even worse for ETH. All those ERC20 shitokens sitting onto of it. When that shit pops it'll take everything with it.
Christopher Wilson
I've been here since 2012. Doesn't it work?
Parker Gonzalez
It's over unless institutional money flows in but it doesn't seem like it's happening.
Dominic Cox
this site provides better insight on btc usage
Xavier Anderson
Thanks to batching the total number of transaction is back to 2016 levels, but this doesn't mean there is less Bitcoin usage. The estimated transaction value in USD by blockchain.info is still at Nov 2017 levels (just before the crazy speculation period of December)
Isaac Diaz
What do you think of that:
Zachary Martin
bitinfocharts.com
Transaction numbers have indeed dropped off
Austin Miller
As longoing as it's a part of a cycle, I don't have a problem with it. Let's hope people come investing in crypto again.
Ethan Rogers
Pic related is the only chart that matters.
Henry Walker
As long*
fucking autocorrect
Jaxson Campbell
Your phone corrected long to longoing?
Cooper Morales
im a brainlet why?
less supply?
Evan Turner
God it's so disingenuous the way you phrased that
Nov 2017 levels are basically the levels it sat at for the past 3 years--i.e. only used by money laundering asians
All the USD txn volume from the bubble is completely gone
Adam Torres
Output numbers have gone up. the decrease in transactions is because big exchanges are batchig finally.
Colton Sanders
Yup. It's not very smart