@OneMorePeter is there a way to filter out the "change" address activity from the actual retail activity?
.@onemorepeter was curious to know where the "over $270 million" #btc tx estimate comes from? http://blogs.wsj.com/moneybeat/2015/02/23/bitbeat-blockchain-hits-3-million-wallets-fueled-by-developing-world-demand/ …pic.twitter.com/fg3jFy8iH4
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@ofnumbers@OneMorePeter 7 day average was ~720000 in total output volume, so the weekly volume would be about 5e06 btc for the network. -
@oocBlog@OneMorePeter Sure but disingenuous 2 multiply TVO by USD. Could be wallet shuffling, laundering/mixing, etc. Not $270m in retail -
@ofnumbers@OneMorePeter of course, I just meant it was possible. Not sure how you could be sure. -
@oocBlog@OneMorePeter Unless every#btc address is doxxed, it is unknown. This type of fake stat doesnt help market decision making
End of conversation
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