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Author Topic: Milestone: BitInstant surpasses $1,000,000 in monthly transfers  (Read 6268 times)
paraipan
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May 01, 2012, 09:36:37 PM
 #21

Congrats and thank you for sharing it with the rest of us!

+1  Smiley

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May 02, 2012, 01:03:13 AM
 #22

Good job, Charlie.

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May 02, 2012, 01:35:41 AM
 #23

That's BADASS and I'm not talking about the Bitcoin Advertising Association.

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May 02, 2012, 02:22:48 AM
 #24

that didnt take to long. I still havent had the need to use bitinstant yet dwolla has gotten me though so far. Im assuming this includes deposits and withdrawals?
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May 02, 2012, 03:40:09 AM
 #25

What's for March?

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May 02, 2012, 12:32:02 PM
 #26

Also, it should be noted that BitInstant is a "derivative service" in Bitcoinland. Meaning, people only use BitInstant if they're already using (or plan to use) Bitcoins for some other useful purpose (whether entertainment, shopping, value transfer to 3rd party, paying for services, etc). BitInstant is not an end-point for Bitcoin funds, but merely a bridge to other end-points. What this means is that whatever size BitInstant achieves, the real Bitcoin economy must necessarily be some factor larger.

BitInstant can thus be viewed as a fractional proxy of Bitcoinland, so these figures are quite wonderful to hear Smiley

Not necessarily.

https://bitcointalk.org/index.php?topic=74952.msg830254#msg830254

Argumentum ad lunam: the fallacy that because Bitcoin's price is rising really fast the currency must be a speculative bubble and/or Ponzi scheme.
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May 06, 2012, 04:10:31 PM
 #27

This image makes the amazing growth much easier to understand.



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May 06, 2012, 05:31:03 PM
 #28

You mean volume growth, not revenue.. or?

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May 07, 2012, 07:11:51 PM
 #29

All the better reason to stop using Dwolla.
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May 07, 2012, 07:15:48 PM
 #30

Congratulations Bitinstant!

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