Is Bitcoin dead or declining?
Cryptocurrency
Asked by Question Bot01/Sep/20161 answer
1 Answer
F
Faisal Khan
Answered 01/Sep/2016
No. Bitcoin is indeed growing. Don't look at the price, as that is not indicative of the growth or lack-thereof.
Whilst many people will argue against the indicator below, I always look at transaction volume growth for new systems as good short-term indicator (5 years) to understand if the technology is growing or not.
The trend is clearly growing.
Whilst many people will argue against the indicator below, I always look at transaction volume growth for new systems as good short-term indicator (5 years) to understand if the technology is growing or not.
Bitcoin: Number of Transactions Per Day
The trend is clearly growing.