BITCOIN

The amount of bitcoin transactions reached its two-year minimum

Despite record-breaking low commissions, holders of bitcoins don’t hurry to use the coins: the number of the confirmed BTC transactions has reached a two-year minimum.

Judging by the praph, the recession of transaction activity is directly proportional to falling of a rate of bitcoin after records of last year when the coin has grown to $20 thousand at some large exchanges. The two-year minimum fall on February 26 when only 180 thousand transactions were made, on March 5 — a little more than 197 thousand.

Despite of the release of the Segregated Witness protocol (SegWit) and its implementation at Coinbase and Bitfinex exchanges, the increase in speed and decrease in the commissions, apparently, interest cryptoenthusiasts less, than potential profits. According to the website SegWit Party, the new protocol is already used at commission about 30% of transactions in a bitcoin blockchain.

Besides, the Localbitcoins P2P-service recorded a six-months minimum — for the last week the trading volume was less than $57 million.

  

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blockchain, ICO, bitcoin, ethereum, mining

BITCOIN


The amount of bitcoin transactions reached its two-year minimum

Published by blockchain, ICO, bitcoin, ethereum, mining