Is there a particular reason "number of nodes on the bitcoin p2p network" was omitted? This has always struck me as the most important metric for adoption - the number of computers on the internet running the bitcoin software.
Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
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Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#12Is there a particular reason "number of nodes on the bitcoin p2p network" was omitted? This has always struck me as the most important metric for adoption - the number of computers on the internet running the bitcoin software.
good point. added to the todo list with top priority :)
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#13What do you mean by "average growth last seven days?" I noticed the growth for the past year was less. Are all the numbers annualized?
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#14What do you mean by "average growth last seven days?" I noticed the growth for the past year was less. Are all the numbers annualized?
the left column says what the growth rate was from today vs 7 days ago. the right column is a weekly average growth rate over a period of time, by default 30 days. So if the value in the left column is higher than the one in the right, this would mean that this week the metric is growing faster than it has on average in the last 30 days.
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#15Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#16Is there a particular reason "number of nodes on the bitcoin p2p network" was omitted? This has always struck me as the most important metric for adoption - the number of computers on the internet running the bitcoin software.
> the most important metric for adoption - the number of computers on the internet running the bitcoin software.
Mmm, not really - a lot of people are using webwallets or thin clients. This is because the full client requires a bit fat download of the entire blockchain, and also only benefits the network if you have hella bandwidth and uptime.
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#17This might be a dumb question and maybe not the right forum, but there is a huge spread between MtGx and Coinbase. Any reason I couldn't transfer my BTC's from one to another to capitalize on that?
Yes! It's very hard to get your dollars in and out of Mt. Gox at the moment (this is not the case with Coinbase or Bitstamp). So what do you do once you've sold your coins at a higher price on Mt Gox? When you see a higher price between in exchanges, there's usually some liquidity issue at play there.
This is great. Thank you very much.
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#18Earlier quoted context omitted.
Yes! It's very hard to get your dollars in and out of Mt. Gox at the moment (this is not the case with Coinbase or Bitstamp). So what do you do once you've sold your coins at a higher price on Mt Gox? When you see a higher price between in exchanges, there's usually some liquidity issue at play there.
This is great. Thank you very much.
No problem. Note that there are currency arbitrage opportunities in the Bitcoin market, but they're rarely as obvious or large as the one you see in the Mt. Gox market.
Also, note that the money transfer problem does not exist with Bitstamp or Coinbase, both of which are relatively easy to transfer money in and out of once you're verified.
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#19What do you mean by "average growth last seven days?" I noticed the growth for the past year was less. Are all the numbers annualized?
the left column says what the growth rate was from today vs 7 days ago. the right column is a weekly average growth rate over a period of time, by default 30 days. So if the value in the left column is higher than the one in the right, this would mean that this week the metric is growing faster than it has on average in the last 30 days.
So these values really are growing several percent per week. That's amazing.
It might be good to put the period on the page somewhere.
Re: Show HN: Bitcoin Pulse - Tracking Bitcoin Adoption
#20Many people could benefit from tracking metrices for altcoins too. Do you plan to add some of the altcoins (StableCoin for example)?