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Author Topic: [2016-06-30] Paxful co-founders: We process 8,000 bitcoin transactions per day  (Read 317 times)
BitcoinXio (OP)
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June 30, 2016, 02:27:50 PM
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In an interview with Bitcoin.com, bitcoin exchange and peer-to-peer market Paxful co-founders Ray Youssef and Artur Schaback said that the exchange is processing 8,000 bitcoin transactions per day as they ramp up their platform for bigger and better things.

Read more: http://bitcoinx.io/news/articles/paxful-co-founders-we-process-8000-bitcoin-transactions-per-day/

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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June 30, 2016, 07:45:30 PM
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I like this part : " Since Backpage users could no longer post classified ads using credit cards, Backpage added bitcoin as a new alternative payment method. They included links to Paxful as a way to

purchase bitcoin, causing what Paxful described as the “Backpage effect.” - We should receive more spinoff business from services that are being denied by other service providers.. I can still remember

how adoption increased, when the Backpage block happened. We saw a huge influx of users during that period.  Wink

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