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Bitcoin => Bitcoin Discussion => Topic started by: dhru9 on September 10, 2022, 06:35:31 PM



Title: What is paypal trading volume vs Bitcoin?
Post by: dhru9 on September 10, 2022, 06:35:31 PM
What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.


Title: Re: What is paypal trading volume vs Bitcoin?
Post by: Ojima-ojo on September 10, 2022, 06:53:34 PM
What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.
PayPal have 14.14 million dollars trading volume while Bitcoin have  $36,429,543,191 USD trading volume.
It is way too inaccurate to compare Bitcoin trading volume to PayPal because both assets do not belong to the same class.
Source: https://www.google.com/url?sa=t&source=web&rct=j&url=https://data.bitcoinity.org/&ved=2ahUKEwjHg9Ln8Yr6AhXegP0HHR6fCvMQFnoECAcQBA&usg=AOvVaw3rTdaYwtZwmKTrgMm8Kj4b


Title: Re: What is paypal trading volume vs Bitcoin?
Post by: jackg on September 11, 2022, 04:16:08 AM
What is paypal trading volume vs Bitcoin?  on online purchases do you know  data source.

What type of trading volume do you mean: money going through PayPal, the volume of sales of PayPal shares compared to bitcoin or the volume of bitcoin sales on PayPal compared to other places?


Title: Re: What is paypal trading volume vs Bitcoin?
Post by: mk4 on September 11, 2022, 04:35:57 AM
The data is freely available since PayPal is a public company.

Here's their investors update on the second quarter of 2022: https://s201.q4cdn.com/983461986/files/doc_financials/2022/q2/PYPL-Q2-22-Investor-Update.pdf

^I know it looks like a shady link, but it's legit lol.


Title: Re: What is paypal trading volume vs Bitcoin?
Post by: Leviathan.007 on September 11, 2022, 07:58:27 PM
I don't think it's really possible to compare these two and you should clarify what type of trading volume you mean, as far as I can understand from the question you are talking about online purchases made by bitcoin and Paypal while still, we cannot compare them I guess Since Paypal is older and more typical trading value can be high for them but time after time because of the spreading bitcoin payments and usage in all over the world the trading volume of bitcoin can be increased much higher than what it is right now.
Bitcoin trading value:
https://data.bitcoinity.org/markets/volume/30d?c=e&t=b


Title: Re: What is paypal trading volume vs Bitcoin?
Post by: franky1 on September 11, 2022, 08:15:10 PM
google:
"PayPal processed 15.4 billion transactions in 2020"
=~293,000 transactions / 10mins

bitcoin
=~1,700 transactions / 10mins

about as best of a comparable as you can get