News for hackers. Stuff that matters.
Re:Realtime Bitcoin by djhworld on Sunday May 28, 2017 @08:54AM (#14434207)
The money sent metric is interesting, is that what's actually going on right now?

I have a miniscule amount of BTC (currently 'worth' £20), I just bought it out of novelty really, never found that much of a use for it outside of buying gift vouchers.

Where is all this money going? People just trading the currency between each other? Retail?

Re:Realtime Bitcoin by droopyEyelids on Sunday May 28, 2017 @09:02AM (#14434230)
Do you ever watch highway traffic at an odd time of day? I have the same thoughts about it. Who are all these people? Where do they need to go at 1am on a Monday morning? How did they get the money to buy these cars?
Re:Realtime Bitcoin by omarchowdhury on Sunday May 28, 2017 @03:11PM (#14435655)
Yeah, the world is a pretty big place.
Re:Realtime Bitcoin by isubkhankulov on Sunday May 28, 2017 @09:02AM (#14434226)
dark markets, ransomware, bypassing capital controls, tax avoidance, international payments, backpage ads, speculative trading
Re:Realtime Bitcoin by trakout on Sunday May 28, 2017 @09:54AM (#14434375)
Care to expand on backpage ads?
Re:Realtime Bitcoin by hehheh on Sunday May 28, 2017 @10:21AM (#14434458)
He or she's talking about backpage.com. They're infamous for hosting prostitution ads.
Re:Realtime Bitcoin by hasch on Sunday May 28, 2017 @09:09AM (#14434248)
citation?
Re:Realtime Bitcoin by killin_dan on Sunday May 28, 2017 @01:05PM (#14435195)
This isn't an encyclopedia, it's an informal messaging board. If you want citations that badly, use your old pal Google and go find them.

Also, one word posts will almost always get downvotes unless you're answering a question that can reasonably be answered with only one word.

Re:Realtime Bitcoin by hasch on Sunday May 28, 2017 @09:09AM (#14434247)
this is all an estimate. it's comprised of trading (to and from exchanges), sure, but also mining rewards, etc. there are some orgs analyzing the data, e.g. www.chainalysis.com