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Comment by Ed Price
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One interesting point to note is that, as of this writing, the number of unconfirmed Bitcoin transactions is around 9,500. Yet, the price remains around $8,350. When the price of Bitcoin was near $20,000, there were at times well over 200,000 unconfirmed transactions. The point is that the number of unconfirmeds has dropped far further than the price, percentage-wise. Why has the price remained so high? Is this the method that some shrewd operators used to keep the price high even though the number of transactions has dropped?

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