can you quote that part?, because i also couldnt able to find that part.
Sorry, I was referring to
Around 50-60% of ALL Bitcoin transactions are gambling.
That vDice responded to with:
Where do you get all your figures from. All these figures are just wrong.
It's true, the figure is wrong. But it's from their own business plan.
I can't find any clear evaluation of their value in their business plan.
Huh?
You're the one citing figures:
(Around 50-60% of ALL Bitcoin transactions are gambling).
Extraordinary claims require extraordinary evidence. But I can tell you, as someone who's been in the bitcoin gambling industry a while now, and currently running one of the most popular sites -- that this is nonsense.
Guys if you want to troll then you are most welcome, but if you want to have some serious discussion then come with some proofs that you people are right.
I just google this and found is right here:
http://www.pbs.org/newshour/updates/bitcoin-gambling-sites-fly-regulatory-radar/ Awrticle wriiten by BY SIMONE PATHE March 2, 2014 at 12:18 PM EST (If you people have doubt you can ask them)
Bitcoin gambling has had a short, but explosive lifetime on the Internet. Satoshidice.com, the most widely-known gambling service, was founded in April 2012. In July 2013, the site’s founder, Erik Voorhees, sold it to an anonymous buyer for 126,315 bitcoins—equal to $12.4 million. That pile of Bitcoins is worth around $70 million today. By most estimates, more than half of global Bitcoin transactions are wagers on gambling sites. Just-Dice.com, where Mechs made his colossal bets, has handled more than $2 billion in wagers since it was founded in June 2013.
By most accounts, gambling represents between 50 and 60 percent of all Bitcoin transactions.
Here:
http://www.bitcoincasino.org/gamblingThere are estimates which indicate that roughly around 50-60% percent of all transactions using bitcoins fall into the gambling category, primarily because costs for Bitcoin transactions are exceptionally low or nonexistent, and payouts are performed instantly, anonymous and without any hassle.
And here:
http://arstechnica.com/business/2013/08/firm-says-online-gambling-accounts-for-almost-half-of-all-bitcoin-transactions/over 50 percent of all Bitcoin transactions in the month of June 2013.
Edit: Even more detailed on CoinDesk:
http://www.coindesk.com/what-will-gambling-do-to-the-bitcoin-block-chain/Those figures run until June this year, shortly before Erik Vorhees sold the firm and it stopped reporting. In May and June, overall transaction numbers on the bitcoin network ranged from around 50-60,000, occasionally dipping to 40, and sometimes peaking up to 70,000 at times, suggesting that SatoshiDice does indeed account for between a quarter and a half of transactions, and probably towards the higher end of that range.