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RE: Exchange Transfer Report: 2/26/2017 to 3/4/2017

in #stats8 years ago

Thanks for providing this! It's interesting to watch things unfold... hopefully people will see the opportunity to buy in as some of the early adopters bail or try to take profits.

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You're welcome! I try to put up a new report each week. I certainly enjoy seeing how things change over time. The ratio of people cashing out to those caching in certainly has me concerned though. I can't see the price changing directions if the supply keeps increasing that way and the demand keeps decreasing in comparison.

I also think there are people waiting on the sidelines for the bottom so they can buy in. My concern is, that bottom might be so low that those people may lose interest and invest elsewhere. Time will tell, I guess.

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