The amount of bitcoin transactions reached its two-year minimum

Home » BITCOIN » The amount of bitcoin transactions reached its two-year minimum
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.


  • bitcoinBitcoin$3,607.66
  • rippleXRP$0.322199
  • ethereumEthereum$119.97
  • tetherTether$1.00
  • eosEOS$2.43
  • stellarStellar$0.106259
  • litecoinLitecoin$30.96
  • cardanoCardano$0.043839
  • tronTRON$0.024094
  • moneroMonero$44.56
  • iotaIOTA$0.309411
  • nemNEM$0.056061
  • dashDash$70.19
  • neoNEO$7.58
The complexity Bitcoin mining is growing
As a result of the next recalculation of the complexity of mining Bitcoin on the night of January 14, this figure increased by almost 5%. The complexity of mining is a parameter of the blockchain network, which shows how difficult it is to perform a mathematical calculation to find a new unit and, accordingly, to […]
2019-01-18 0 5
Bitcoin volatility fell by 98% over the year.
Since January last year, the first cryptocurrency volatility has decreased by 98%. So, if on January 16, 2018, this figure was $ 3,468, then a year later – only $ 61, notes CoinDesk Markets analyst Omkar Godboul. The daily volatility over the past year decreased from 9.1% to 3.6%, although on December 16, 2018 was […]
2019-01-17 0 8
Will Ethereum hard fork Constantinople be launched this week?
Ethereum, one of the largest and most influential blockchains in the world, is planning to improve its code in the near future. A massive system upgrade, or hardfork, called “Constantinople” will include a number of technological improvements called to enhance practicality and the architecture of smart contracts. The Ethereum community will make a final decision […]
2019-01-15 0 29
The Brit​ish citizen was trying to buy a gun with cryptocurrency
David Mitchell, a 48-year old British citizen, was arrested by the US police after an attempt to purchase a gun with cryptocurrency via the dark web. Mr. Mitchell was planning to buy a Glock 9mm pistol which costs around £2,000. The man explained to the court that he was curious whether it is possible to […]
2019-01-14 0 18
© 2017–2018