[2015-12-23] Bitcoin Cracks 100 Million Transactions, Comes of Age

[LiteCoinGuy]

Bitcoin Cracks 100 Million Transactions, Comes of Age

Bitcoin, the world’s most famous cryptocurrency, is poised to reach a major milestone before the end of the year: 100 million transactions. As of the morning of December 23, it sits at 99.7 million, with the landmark due in the next two days, and for a virtual currency that has the support of no central bank or government, it’s a remarkable feat.

http://panampost.com/adam-dubove/2015/12/23/bitcoin-cracks-100-million-transactions-comes-of-age/

[Zaducis]

It is an important mile stone for the 100 million transactions. But more of the transactions are dust and so called stress test. Maybe the next 100 million transactions will be more important.

[Samperio]

This concept of stress test made me think of how traditional finance ecosystem Stress tests appeared to be their recursive bubble busts.

Curiously though, when government goes out to rescue banks they do "stress tests". What the.....

But, yes, stress test as it was called in the bitcoin world seems a good paralell exercise.... besides what devs do in testnet.

S.

[aso118]

It is an important mile stone for the 100 million transactions. But more of the transactions are dust and so called stress test. Maybe the next 100 million transactions will be more important.

You also have transfers within wallets.
I wonder what portion of these 100 million transactions would be gambling transactions? My guess is a significant number.

[Lumada]

It is an important mile stone for the 100 million transactions. But more of the transactions are dust and so called stress test. Maybe the next 100 million transactions will be more important.

You also have transfers within wallets.
I wonder what portion of these 100 million transactions would be gambling transactions? My guess is a significant number.

In the old days, most of the transactions are related to gambling and drug transactions. The proportion has dropped a lot.