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Title: Bitcoin adoption, when will we hit 7tps? Post by: nate008 on December 15, 2013, 01:37:21 PM We are seeing an increased number of stores accepting bitcoins.
But somehow the number of transactions only spikes when there is a price rise , then it goes back again. We're at 51k right now , after a >100k spike with the highest January number being 56k. So , when do you think we will reach the limit and we (the devs) will have to lift the block size? Also, which store did you thing generated the most transactions in the chain the last Q? Exclude gambling sites and bitpay. Title: Re: Bitcoin adoption, when will we hit 7tps? Post by: empoweoqwj on December 15, 2013, 03:46:55 PM We are seeing an increased number of stores accepting bitcoins. But somehow the number of transactions only spikes when there is a price rise , then it goes back again. We're at 51k right now , after a >100k spike with the highest January number being 56k. So , when do you think we will reach the limit and we (the devs) will have to lift the block size? Also, which store did you thing generated the most transactions in the chain the last Q? Exclude gambling sites and bitpay. Which goes to show transactions are people trading bitcoins, not using it "in real life". Stores accepting bitcoins are by and large publicity stunts. The actual amount of bitcoins spent is very small. How many bitcoins did Baidu get paid? 1.2 BTC or something pathetic. It needs a *big* retail outlet like Wall-mart, Tesco, or 7-11 to accept bitcoins before the number of real-life transactions really lifts. Let's hope it happens in 2014 Title: Re: Bitcoin adoption, when will we hit 7tps? Post by: Sindelar1938 on December 16, 2013, 01:53:55 AM The 100m year to date number from bitpay is still minuscule but encouraging
Agree that big retailer adoption will be the gamechanger Title: Re: Bitcoin adoption, when will we hit 7tps? Post by: JorgeStolfi on December 16, 2013, 04:46:31 AM The 100m year to date number from bitpay is still minuscule but encouraging Are there any published statistics on Bitpay transactions, such as country-to-country matrix, evolution through time, etc?Agree that big retailer adoption will be the gamechanger Title: Re: Bitcoin adoption, when will we hit 7tps? Post by: empoweoqwj on December 16, 2013, 05:44:31 AM The 100m year to date number from bitpay is still minuscule but encouraging Are there any published statistics on Bitpay transactions, such as country-to-country matrix, evolution through time, etc?Agree that big retailer adoption will be the gamechanger Nope. But I bet its nearly all US. Hopefully they will break it down soon |