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Title: Bitcoin transaction volume Post by: proton on December 12, 2013, 05:48:23 PM Question:
What would be the volume of transactions done in bitcoin? preferably, in USD $ equivalent. Is there a way to measure or guess this number? There are some figures quoted but these include the transactions for speculating/investing purposes. I am looking for specifically for those transactions made in bitcoin for purchasing goods or services. As you can surmise, this figure may be a good base to measure bitcoin’s adoption rate. Title: Re: Bitcoin transaction volume Post by: LiteCoinGuy on December 12, 2013, 06:14:06 PM do you search for this?
http://blockchain.info/de/charts Title: Re: Bitcoin transaction volume Post by: proton on December 12, 2013, 06:41:15 PM I have seen the blockchain graphs. They are for all transactions, not just for those made for commerce.
Title: Re: Bitcoin transaction volume Post by: zimmah on December 12, 2013, 07:17:26 PM it's impossable to tell
Title: Re: Bitcoin transaction volume Post by: kdrop22 on December 14, 2013, 07:50:44 PM Bitpay made 100 Million in merchant transactions this year. I would assume the total business transaction to be about 10 times that at 1 Billion.
However, if you look at the chart in blockchain.info, you will find that the volume of transactions is 100 times that. I assume there are aare lot of transactions like online gambling etc..., which have a very high velocity of money and do not contribute in meaningful way to model the value of the currency. |