Infographic: Bitcoin Outlook for 2016

marcoPolo21 said:
I found what looks like a very good Trading Volume chart at
data.bitcoinity.org
More...

That is a very bad chart. It doesn't show the depth of the market, and that is what you wanted to know. Also, the Chinese exchanges with their "no commission" bullshit are obviously way higher in volume than the real exchanges. Generally speaking you have to check the biggest exchanges one by one with their order books to get an idea how much money it would take to move the price by X...

For market depth check this out:

https://bitcoinwisdom.com/markets/bitfinex/btcusd
 
Pekelo said:
That is a very bad chart. It doesn't show the depth of the market, and that is what you wanted to know. Also, the Chinese exchanges with their "no commission" bullshit are obviously way higher in volume than the real exchanges. Generally speaking you have to check the biggest exchanges one by one with their order books to get an idea how much money it would take to move the price by X...

For market depth check this out:

https://bitcoinwisdom.com/markets/bitfinex/btcusd
More...
yes,
i'm having second thoughts about that chart

bitcoinwisdom looks good, thanks

marc
 
Just if anybody wondered, yes, the establishment has taken notice:

National Security Implications of Virtual Currency

http://www.rand.org/content/dam/rand/pubs/research_reports/RR1200/RR1231/RAND_RR1231.pdf

Pretty interesting and accurate read.

Read the last paragraph on page 67...

"Consequently, perhaps the best strategy for the United States and its allies to thwart a VC deployment would be to target those properties of a VC that would most increase its acceptance, most notably transaction anonymity, security, and availability."
 
Here is an interesting FACT I have read recently:

The USPS in December has physically delivered more packages than Bitcoin transaction confirmations in the last 7 years...(actually it is almost 3 times more, but who counts?)

Something to wonder about...I wish I could make an infographic about it....
 
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