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Author Topic: Statistics on the Bitcoin Economy  (Read 820 times)
Isosceles
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August 09, 2011, 09:23:01 AM
 #1

Summary : We need regular statistics from Bitcoin businesses & exchanges to give users confidence in the Bitcoin economy

In the world’s financial markets, economic information is released daily by governments on a variety of fundamentals such as manufacturing, sales, job growth & unemployment, and trade balances (1).  Investors and businesses use these reports to gain confidence in the future direction of the market & economy (2). Analysts produce estimates of the upcoming economic statistics, and investment is based upon them.

Producing weekly economic statistics would give our Bitcoin economy credibility and investor confidence.

I am not a trained economist and would welcome input on this from anyone who is. That said, I suggest the following statistics are volunteered by businesses & exchanges :


Businesses (Monthly)
-   Totals of receipts & expenses (in BTC and USD)
-   Total quantity of orders

Exchanges (Weekly)
-   Total number of accounts
-   Total number of accounts with a non-zero balance
-   Total number of accounts with a non-zero balance and have had no trading in 90 days
-   Average account size (BTC & USD) split in to 4 bands

Please PM me if you are interested in helping

  - Isosceles


References
1.     Yahoo US Economic Calendar  http://biz.yahoo.com/c/terms/rtlsls.html
        Bloomberg US Economic Calendar http://www.bloomberg.com/markets/economic-calendar/
2.     http://www.rightline.net/education/economic.html
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September 14, 2017, 03:27:33 PM
 #2

I have a few friends who have written on bitcoin as they work for a dissertation service UK. Would a dissertation or thesis research on bitcoin be of any benefit to let the users feel comfortable about it?
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September 14, 2017, 10:44:59 PM
 #3

Hey if anyone decides to create an abstraction for prediction & analysis work in crypto.

Try using something like thermoeconomics.

https://en.wikipedia.org/wiki/Thermoeconomics

There's a possibility of developing more scientific and accurate methods of financial analysis/prediction in comparison to what is traditionally used today.

Much of economic/financial analysis is extremely generalized and non specific. That might be improved upon.


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sana54210
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September 16, 2017, 07:07:18 AM
 #4

I have a few friends who have written on bitcoin as they work for a dissertation service UK. Would a dissertation or thesis research on bitcoin be of any benefit to let the users feel comfortable about it?
No matter the dissertation, some people are just naturally lazy to read and get details by themselves and that is why they keep remaining gullible to every false news that comes to them. However, some dissertations can still give some boost and can be used at government level to prove the benefits of bitcoin in a long term.

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