Report: Bitcoin Transactions to Hit $92b This Year

[the_poet]

The Bitcoin ecosystem is always evolving, and it looks like we are on track to set a new transactions record in the year 2016. A report by Juniper Research indicates the number of Bitcoin transaction will surpass the valuation of US$92bn this year. That is quite an achievement, considering we only reached US$27bn in 2015.

http://www.newsbtc.com/2016/07/04/report-bitcoin-transactions-hit-92b-year/

[helloeverybody]

Would this actually be accurate though because arent most transaction between peoples wallets al#nd not real transactions?

[Lauda]

Would this actually be accurate though because arent most transaction between peoples wallets al#nd not real transactions?

What is this nonsense? So basically if I send Bitcoin to another person's wallet, this is not a real transaction? Unless you mean that the majority of transactions are between a person's own wallets, which I highly doubt, your statement does not make sense.
The number is rather interesting and somewhat higher than expected. However, it most likely also includes major services or exchanges moving funds from A to B which shouldn't be considered a "real transaction". The article isn't really well written IMO, there should have been additional information, i.e. comparison(s) to other systems if the information was publicly available (e.g. Paypal).

[helloeverybody]

Would this actually be accurate though because arent most transaction between peoples wallets al#nd not real transactions?

What is this nonsense? So basically if I send Bitcoin to another person's wallet, this is not a real transaction? Unless you mean that the majority of transactions are between a persons own wallet(s) which I highly doubt. The number is rather interesting and somewhat higher than expected. However, it most likely also includes major services or exchanges moving funds from A to B which shouldn't be considered a "real transaction". The article isn't really well written IMO, there should have been additional information, i.e. comparison(s) to other systems if the information was publicly available (e.g. Paypal).

Yes what i mean is lets say i have 10 bitcoins and i send 10 seperate bitcoins to 10 seperate wallets then ive just made 10 seperate transactions. You cant really count that as a transaction though. Plus the spam attacks to fill up blocks ,would you count those as transactions?

I shouldnt have said majority , alot though.