RealMcafee

BTCUSD Fundamental Analysis

RealMcafee Updated   
QUANDL:BCHAIN/MKPRU   BCHAIN/MKPRU
Transaction rate needs to pick up.

The tx rate includes all tx (yes incl. segwit) except the hundred most used wallets in order to give a truer representation of network traffic.
Comment:
In a 2009 post on P2p Foundation's website, Satoshi himself said talking about Bitcoin:
"In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number of users grows, the value per coin increases. It has the potential for a positive feedback loop; as users increase, the value goes up, which could attract more users to take advantage of the increasing value."

Bitcoin needs adoption.

p2pfoundation.ning.c.../bitcoin-open-source
Comment:
Tx/sec at March 2016 levels  
Comment:
Nice to see that transactions are picking up again

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