average = $ 833 USD per transaction ?

[bitcoindisruptor]

From here, number of daily transaction
https://blockchain.info/charts/n-transactions
can i say, for April 2014, average daily transaction is around 60,000 ?

From here, bitcoin estimated usd transaction volume :
https://blockchain.info/charts/estimated-transaction-volume-usd?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
can i say, the average is about 50 million USD  ?

So, an average transaction is about = 50 million /  60,000 = $ 833 USD
So, it's about 1.7 BTC  ( assume 1 BTC = 481 USD )

Is my understanding correct ?
Can you advise ?

thanks  

[Flashman]

Seems about right to me.

But depending upon what notion you are trying to support and to avoid the accusation of trying to lie with statistics, you might want to investigate the median and modal transaction sizes also.

[cookiemonsterwhat]

The average actually falls below that price.

If you seen the price in the last couple days for this week it was declining $100. Start from that price, and now $400.

And hasnt moved any higher back to that price or near it.

[bryant.coleman]

The figure is highly manipulated by a few high volume transactions, involving exchanges such as BTC-E and Bitstamp. A median will be much more accurate, when compared to the mean.

[fatguyyyyy]

The figure is highly manipulated by a few high volume transactions, involving exchanges such as BTC-E and Bitstamp. A median will be much more accurate, when compared to the mean.

Everything you said seems to be on point. Especially when the typical bitcoin news hit, example would be the china banning bitcoin incident, then not again?

"Manipulation" just to get a better price.. all for profit.

[Onews1990]

Yes the median is about $833 (mainly because of the hundreds of millions transactions and stuff similar to that)

[Domino]

Can you advise ?

The figures "estimated btc/usd transaction volume" on blockchain.info are pretty much wild guesses.

I just took 2 transactions there randomly for illustration.
Example 1: https://blockchain.info/tx/0b792182e993388448c925359cf05b1f74f2dd6cce6fcded42a65618e8d86b23
How much has been transacted? 0.999 btc? 1 btc? 7 btc? or all 7.999 btc?

Example 2: https://blockchain.info/tx/3835d244dd73a3ab6d1b4466874703364c234d703b5c161d16fd97361bbcd582
Which one is the change? 1.73070266? or 0.57440711?