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Comment by jval

The problem with all of these graphs is that the rise of cloud players like Coinbase means that a lot (and I'd think probably most) of the Bitcoin transactions taking place these days are off-chain.

Coinbase can settle most trades internally and push out any 'interbank trades' onto the chain. Some of the patterns others have noticed could be them settling internal accounts, not sure though.

parent jval 12 years ago

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