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Author Topic: Best way to measure Bitcoin popularity?  (Read 2959 times)
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November 14, 2015, 05:40:25 AM
 #81

I think Media coverage and the geographical distribution of bitcoin will be better measure of its popularity along with transaction volume.

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November 14, 2015, 06:07:15 AM
 #82

What do you think is the best way to measure the popularity of Bitcoin? Some say that amount of transactions or used addresses are good measurements but in my opinion those are not really good.

Yeah. Those are not really a good indicator of the popularity of Bitcoin. It could just be the same people making transactions over and over again. Or it could be people with multiple addresses. There is really no good indicator of how popular Bitcoin is. All I can say is that it is becoming more popular as you see more and more places starting to accept Bitcoin.
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January 01, 2016, 05:11:33 AM
 #83

I would say the best way to measure Bitcoin popularity is by researching it. Just do your research to find it out.
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January 01, 2016, 07:56:09 AM
 #84

A combination of many things - mainstream news, people that you know talking about it, price rise.  There were significant gains in press in 2015.

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