The bitcoin-watching news service CoinDesk recently released its first quarter look into the cryptocurrency’s performance during the opening months of 2015. Mostly the data is net positive, showing an increase in total wallets, and investment. However, there are a number of included data points that demonstrate slowing growth in key bitcoin, and bitcoin-related areas.

The collected data indicates that the first quarter of 2015 was the most popular ever in terms of the dollar-value of venture capital investments made into the bitcoin ecosystem. That data point, however, is skewed by a single investment — the $116 round million invested into 21, a company that remains at least partially occluded in terms of its ambitions. Aside from that single investment, first quarter venture investment was on par — $113 million — with the preceding fourth quarter.

Key to bitcoin’s performance, at least from an external perspective, is the number of wallets in existence. Those receptacles and storage locations of bitcoin help the market understand how many new people the cryptocurrency is attracting. In the first quarter, according to the CoinDesk report, total wallets grew from 7.4 million to 8.4 million, up 14 percent on a sequential quarter basis.

That growth rate is likely under expectations from a year ago. The market value of all bitcoin in circulation — some remains yet-to-be-mined — fell from the last quarter of 2014 to the first quarter of 2015 by 36 percent.

Here’s CoinDesk’s recent chart of aggregate bitcoin trading volume, on a monthly basis:


The sequential quarter total is skewed by the November timeframe, but it seems that volume hasn’t seen too great an acceleration, or deceleration in the last two three-month cycles.

Among the bulleted key takeaways that the report contains is the following: “Bitcoin struggled to gain mainstream consumer traction [in the quarter].” That has been the case for the life of bitcoin. That the trend persists isn’t, therefore, too surprising. Still, it isn’t hard to wonder what bitcoin firms that pitched investors over the past 18 months, predicted would happen — did they anticipate that the price of bitcoin be so low? Would investors have invested quite so much over the past year if bitcoin wallet adoption was as slow as it has been?

Last thought, here’s CoinDesk’s aggregate new merchant adoption of bitcoin:

OP have you posted the article to show it to the rest of us, or because you agree with it? I'm hoping that the first one is true.

Are they saying that the numbers are fake? How about Techcrunch reads something behind the lines: Your website sucks most of the time. If they used the correct numbers to write about it, they didn't do anything wrong. Everyone tries to make things look a bit better than they really are.

Thanks for wasting couple of minutes of my precious life. I neither understood what he was singing, nor the subtitles.
I hate you! 

OP has a false fantasy of getting rich quick with bitcoin pyramid scheme.

Finally, the realization here is that you are trolling funk. You can get acquainted with your fellow ignored numnuts. Enjoy drony!

User feedback for latest version here:
https://bitsharestalk.org/index.php/topic,15900.0.html

You can also try the web version of the wallet:
https://wallet.bitshares.org

Aka so nothing. You started this thread on nothing and well after the action took place, so shame on you.

Check updates history here: https://github.com/BitShares/bitshares/releases

War is more profitable 

Which number are skewed, the number of transactions, the VC investment numbers or the number of businesses accepting Bitcoin?

Bitpay claim to be doing more business, so that isn't a coindesk article, surely the VC investment numbers are easily trackable, and the data shown above doesn't show that Bitcoin is doing well, or do you mean that they were lying in the past, and now they are slowing bringing the numbers into line?

The pump always starts @ china, so if i wanted to buy shitload of btc without raising the price much i would buy exactly @ btc-e, because people will ignore it
most of the time. Doesnt this sound like a reasonable explanation ?

cheers

I prefer being Rick Rolled 

Bitcoin Shop, one of only a handful of D.C. companies that operate in the virtual currency industry, raised $2.3 million in venture capital last week, according to an SEC filing.

The investors were not disclosed by CEO Charles Allen, but include a mix of hedge funds and individual investors. The funds will be used to expand the company's "mining" operations — that's explained below.

Last year, Overstock became the first major online retailer to accept payments in bitcoin. Like so many others, Byrne argues that the digital currency can free our economy from the grip of big banks and big government. Now, he’s bringing this same attitude to stocks. His project is just one of many that seek remake the stock market using bitcoin technology, such as NXT, Mastercoin, Bitshares, and Counterparty. At one point, Overstock hired some of the primary developers behind Counterparty, but these engineers have since left the company.

On Friday, Overstock filed what is called a “shelf registration.” Basically, this would allow the company to sell any kind of security—common stock, preferred, debt, warrants, etc.—if and when it chooses to. Such filings are not uncommon–though this one is unusual in that it says the company could issue the securities in digital form.

According to Overstock’s filing, the company would offer its digital security through what’s called an alternative trading system, or ATS. This is essentially a stock market alternative that must be registered with the SEC. Overstock would have to make arrangements with an existing ATS or somehow create a new one. It must also answer any SEC objections from the SEC.

I didn't watch it ..why would I ?