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RE: Each BTC Market Cycle takes just a little bit longer to peak...

in LeoFinance5 years ago

By solely looking at the patterns of the sales which in terms controls the price, I feel it's doing it half blind.

I've look at E-Commerce charts and graphs for over a decade, measuring traffic and sales daaily, it's very similar but different.

Also with the amount of "fake or overvalued" stockmarket money, crypto can be bought and sold quickly, creating false market impacts.

I have a question, is the network able to see the transactions in real time? Which data can be seen?

For example: 900 parties bought an average 1 mil of BTC, and 120k people bought an average of 20k in BTC and 400k bought an average of 600us in BTC?

I ask this because then we see the actual transactions, to get a clearer understand of who is buying, why and when they are buying? how long are they keep the crypto for? Maybe what purposes are they buying crypto and how the market is evolving? What are the actual driving factors?