Experts have Discovered a Recession in the Number of Bitcoin Transactions

in bitcoin •  7 years ago 

If the information given by the research firm Blockchain.info is anything to go by, the number of transactions has declined from a seven-day average of 400,000 in mid-December to about 200,000 this week. Such rates took place at the time when bitcoin trading was being carried out below $500. The situation is even more terrible with transactions waiting for verification in the Bitcoin network. This index reduced from a seven-day average of 130 million bytes in early January to 35 million.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/experts-discovered-recession-in-bitcoin-transactions/

recession.jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Let's just ignore that a huge and crippling backlog of transactions has been cleared and that the number of transactions always peak before christmas and crash in the new year.