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Recently i've got one idea, i've checked several data sources and would like to describe it here So, look This is the price chart from cmc https://coinmarketcap.com/currencies/bitcoin/ This is transactions chart from Blockchain.com And this is chart of new companies accepting Bitcoin from Cryptwerk.com https://cryptwerk.com/analytics/bitcoin/ we are interested in period from july 2018 to current time, because Cryptwerk started their statistics on in July 2018 SO! if we compare all charts we'll get this kind of picture Do you see the strong correlation of 3 factors? - growth of price - growth of merchants accepting Bitcoin - growth of transactions amount and actually same with Unique Addresses Used chart And this is pandemic period! What i think! Covid crysis created the situation when lot of merchants started to search new ways and markets and found them in crypto world. Now really thousands ands thousands different stores accept Bitcoin, and may be we entered the new era, of mass adoption that we were waiting so long? When the army of merchants can stabilize and increase Bitcoin price and whole market What do you think? [link] [comments] |
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