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Bitcoin => Bitcoin Discussion => Topic started by: gsingh on December 09, 2013, 11:12:47 AM



Title: Number of merchants using Bitcoin
Post by: gsingh on December 09, 2013, 11:12:47 AM
Hi,

I heard someone saying that number of merchants accepting Bitoins is not rising significantly. I personally feel this is not the case.

Is there any charts or data proving this point?

Thanks

 


Title: Re: Number of merchants using Bitcoin
Post by: kwest on December 09, 2013, 11:17:27 AM
I don't have a chart, but if I really wanted to know I would e-mail Shopify and Bitpay.


Title: Re: Number of merchants using Bitcoin
Post by: Mitchell on December 09, 2013, 11:19:33 AM
Well, Bitcoin Black Friday was a hit and a lot of new merchants joined, according to them. Also, BitPay (which most merchans use) had a lot more transaction to process last month.

News articles:
Black Friday set a record for Bitcoin commerce, Bitpay says (http://www.washingtonpost.com/blogs/the-switch/wp/2013/12/02/black-friday-set-a-record-for-bitcoin-commerce-bitpay-says/)
Over 400 Retailers Are Offering Deals On New “Bitcoin Black Friday” Website (http://techcrunch.com/2013/11/28/over-400-retailers-are-offering-deals-on-new-bitcoin-black-friday-website/)
All this is related to the Bitcoin Black Friday and new merchants can always stop accepting Bitcoin. So I have no idea how accurate this is.


Title: Re: Number of merchants using Bitcoin
Post by: Sindelar1938 on December 09, 2013, 11:32:58 AM
Bitpay has 12,000+ merchants signed up right now

That number was 2100 in May when they raised funds


Title: Re: Number of merchants using Bitcoin
Post by: betyourbits on December 09, 2013, 11:37:52 AM
Like others have stated between BitPay and Shopify I think the numbers are growing very fast.  If you watch /r/bitcoin you will see tens of new businesses posting per day about how they now accept bitcoin.  I think one day soon your going to wake up and be able to pay with bitcoin almost everywhere.

Also -- through services like gyft you can already purchase things with bitcoin almost anywhere.


Title: Re: Number of merchants using Bitcoin
Post by: davidgdg on December 09, 2013, 12:37:14 PM
I've been keeping a record of the global BTC total at coinmap.org

It was 587 on the 7th November. This morning it was 1678.



Title: Re: Number of merchants using Bitcoin
Post by: scribe on December 09, 2013, 09:48:48 PM
Some time ago, a few of us tried charting the entries on the wiki page: https://bitcointalk.org/index.php?topic=35083.0

But over time, a) the wiki got cleaned up so counts were all over the place, and b) I suspect the page became less updated and relevant anyway, so not as much use any more.

Go with gut instinct, I reckon.