Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: coindozer7 on April 24, 2014, 11:29:18 PM



Title: State of Bitcoin - Q1 2014 Report
Post by: coindozer7 on April 24, 2014, 11:29:18 PM
Coindesk just released the newly updated "State of Bitcoin" - Q1 2014 Report.
I hope you guys find this report very informational :)

http://www.coindesk.com/bitcoin-report-q1-2014


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: lnternet on April 25, 2014, 04:20:06 AM
They do a good job.


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: jolipenria on April 25, 2014, 09:25:14 AM
the actual information and a visual diagram. excellent job!


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: OhMyCoin on April 25, 2014, 09:28:27 AM
thank you! good and useful job!


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: Testing123 on April 25, 2014, 10:27:20 AM
Quote
CoinDesk now estimates that approximately 60,000 merchants around the globe accept bitcoin. In 2014 there has also been greater bitcoin adoption by major brands, including Zynga, Square and Overstock. Even eBay has added a ‘virtual currency’ category to its US and UK sites.
In the offline world, there are approximately 4,000 premises where bitcoin can be used in person and, of these, food establishments are by far the most common type of business accepting the cryptocurrency (Figure 1).

The merchant acceptance in bitcoin is continuously growing, though most of the merchants use bitpay or coinbase and don't keep the bitcoin.


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: LostDutchman on April 25, 2014, 11:02:20 AM
Quote
CoinDesk now estimates that approximately 60,000 merchants around the globe accept bitcoin. In 2014 there has also been greater bitcoin adoption by major brands, including Zynga, Square and Overstock. Even eBay has added a ‘virtual currency’ category to its US and UK sites.
In the offline world, there are approximately 4,000 premises where bitcoin can be used in person and, of these, food establishments are by far the most common type of business accepting the cryptocurrency (Figure 1).

The merchant acceptance in bitcoin is continuously growing, though most of the merchants use bitpay or coinbase and don't keep the bitcoin.

The merchants, for the most part cannot pay their bills with Bitcoin so that makes sense.

My $.02.

;)


Title: Re: State of Bitcoin - Q1 2014 Report
Post by: Mayuyu48 on April 25, 2014, 11:09:38 AM
i like that slideshow, there is very good information about bitcoin
hmm, many business accepting bitcoin are in north america and europe region, and many bitcoin investments also there, but why china banned BTC affect BTC prices badly >:(
it was interesting to see around 100 countries have smaller money supply than Bitcoin ;D