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by sangfroid
4601 days ago
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You have to keep in mind that during the course of those six months, Silk Road was taken offline. SR was assumed to be driving most of the non-exchange transaction volume. The fact that its dissolution had no impact on this metric is quite surprising and I'd argue it's an indication that "legitimate" trade activity has actually increased over the last few months. |
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Trade volume has skyrocketed. IE: people are trading more BTC for USD than ever. It wasn't since the Crash of April since we've seen trade volume this high.