Thread: Money Bitcoin Take?
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Old 12-16-2014, 03:19 PM   #116
KC native KC native is offline
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Join Date: Feb 2009
Location: Fort Worth, TX
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Quote:
Originally Posted by Pawnmower View Post
what direction does that graph look like its going to you?
It's a noisy data series. Draw a trend line through the middle of it and you'll notice that despite more and more merchants accepting bitcoin, you're not seeing a commiserate increase in transactions which implies that it is still a niche thing and people are holding bitcoin with the expectation that they will go up instead of spending them.
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