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100x
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September 16, 2013, 06:06:43 PM
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lucas.sev
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September 16, 2013, 06:30:07 PM
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I wonder how many transactions they've done that had nothing to do with asics.
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September 16, 2013, 08:53:40 PM
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I wonder how many transactions they've done that had nothing to do with asics.

I use Gyft a lot and they process through BitPay.

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September 16, 2013, 09:12:51 PM
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incredible
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September 17, 2013, 05:08:31 AM
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I know people who have "cashed out" their bitcoin using Bitpay instead of waiting forever for Gox. That's a nice little chunk I suspect.   Wink
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September 17, 2013, 12:49:49 PM
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http://uptweet.com/viewStory?id=1519

This is making me feel very bullish. A lot of us remember the $5mil number from bitpay for march, however I assumed this was somewhat of an anomaly due to the large ASIC sale that month. If this trend continues, Bitpay and silkroad alone are going to break $100mil in transactions in 2013. Yes yes, I know, given monetary velocity and such such this still doesn't support a valuation of $1.5bil. Thing is, bitcoin valuation is going to be largely composed of store of value and speculation for a very long time, if not forever.

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trend micro blocks this URL for me, can someone post a screen shot?

also I wonder if there is inflow and outflow data.  how much fiat flowed in to bitpay? how much fiat did bitpay pay out? is there a trend over month to month data?

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September 17, 2013, 01:05:25 PM
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PayPal handled $14 billion (£9 billion) in mobile payments last year...
Compare that to:
Quote
The month of August was another record month for BitPay, processing over 10,000 merchant transactions worth over $6.4 million. Year-to-date in 2013, over $34 million worth of bitcoins have been spent on goods and services through merchants using BitPay’s platform.
That's 0.24% of paypal's last year volume in only the first 3/4 of this year.
and thats only paypal's 'mobile payments'
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