[2015-12-27]Bitcoin Milestone:15 Million Bitcoins Mined 100 Million Transactions

[Blawpaw]

Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

Bitcoin has reached a new technological milestone today. Since its birth in 2008, 15 million bitcoins has been mined, more than 100 million transactions have been settled...

Continue to read:

http://www.newsbtc.com/2015/12/25/bitcoin-milestone-15-million-bitcoins-mined-and-100-million-transactions-reached/

[pitham1]

I wonder why they always use price to evaluate Bitcoin's performance as a currency.


Bitcoin has also performed exceptionally well against the world’s largest currencies including pound sterling, US dollars and Japanese yen, becoming the world’s best performing currency of the year.

[Lucius]

These are nice round numbers, so it's only 6 million Bitcoin left to be mined.As BTC is increasingly entering into everyday use, we can hope that it will also increase the number of transactions.A similar theme already exists: https://bitcointalk.org/index.php?topic=1302594.0

[rienelber]

quote author=bjbear123 link=topic=1305008.msg13370970#msg13370970 date=1451223886]
quote author=Blawpaw link=topic=1305008.msg13367674#msg13367674 date=1451187695]
Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

more than 100 million transactions have been settled...

[/quote]

This is impressive however Visa handles more transactions that Bitcoin has ever processed is only 8 hours.... just proves that Bitcoin has a long way to go get.
[/quote]

I believe some altcoins were created precisely to solve this issue with cryptos

[Amph]

Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

more than 100 million transactions have been settled...

This is impressive however Visa handles more transactions that Bitcoin has ever processed is only 8 hours.... just proves that Bitcoin has a long way to go get.

it's only about acceptance, bitcoin user base is very small there was an estimation about 3M only, probably much less, versus visa, which i'm sure is in the rnge of B....

[lumeire]

Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

more than 100 million transactions have been settled...

This is impressive however Visa handles more transactions that Bitcoin has ever processed is only 8 hours.... just proves that Bitcoin has a long way to go get.

Yeah plus the fact that a huge chunk of these transactions are towards exchanges for trading. For BTCBTCBTC to be more successful as a currency the movement of value should be towards purchases.

Besides that congrats to BTCBTCBTC, 

[XinXan]

Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

more than 100 million transactions have been settled...

This is impressive however Visa handles more transactions that Bitcoin has ever processed is only 8 hours.... just proves that Bitcoin has a long way to go get.

Yeah plus the fact that a huge chunk of these transactions are towards exchanges for trading. For BTCBTCBTC to be more successful as a currency the movement of value should be towards purchases.

Besides that congrats to BTCBTCBTC, 

Yeah, transactions to exchanges, gambling websites, simple exchanges from one wallet to another, in fact bitcoin purchases are actually a pretty small part of all bitcoin transactions because there is not many basic things you can buy with bitcoins easily.

[gkv9]

Bitcoin Milestone: 15 Million Bitcoins Mined and 100 Million Transactions Reached

more than 100 million transactions have been settled...

This is impressive however Visa handles more transactions that Bitcoin has ever processed is only 8 hours.... just proves that Bitcoin has a long way to go get.

Yeah plus the fact that a huge chunk of these transactions are towards exchanges for trading. For BTCBTCBTC to be more successful as a currency the movement of value should be towards purchases.

Besides that congrats to BTCBTCBTC, 

Yeah, transactions to exchanges, gambling websites, simple exchanges from one wallet to another, in fact bitcoin purchases are actually a pretty small part of all bitcoin transactions because there is not many basic things you can buy with bitcoins easily.

Small or large, but things are settling and no problems till date which is really commendable for Bitcoins...
Cheers to Bitcoins and the number of transactions held till now, many more transactions to come and many more coins to be mined...

[Decoded]

To be honest, probably 10 million of the 100 million transactions are probably spam transactions, people trying to boost up the average tx fee by spamming lets say, 0.0002 fee transactions.

Maybe almost 30 million will go to exchanges, trading bitcoin for altcoins and vice versa.

Do any of you think bitcoin will be widely adopted by the time we hit 500 million transactions? Or maybe even 250 million? I'm hopeful