|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
Possum577
|
 |
December 29, 2014, 06:42:19 AM |
|
This is great, thanks for sharing it! Great stuff in just the first few pages.
|
|
|
|
TonyVice54
Newbie
 Offline
Activity: 14
Merit: 0
|
|
December 29, 2014, 07:20:49 AM |
|
Very interesting article, and the statistics are a little surprising |
|
|
|
|
BldSwtTrs
Legendary
Offline
Activity: 861
Merit: 1010
|
|
December 29, 2014, 08:12:40 AM |
|
Very interesting indeed.
|
|
|
|
|
|
bitdraw
|
|
December 29, 2014, 08:35:30 AM |
|
its funny how the always compare directly to the transaction volume of US payment systems and come to the conclusion that its negible. ofc it is, as you cant pay everywhere in btc and most people cant receive their salary in btc...
|
|
|
|
|
|
Q7
|
|
December 29, 2014, 12:28:08 PM |
|
Very informative. First thing that caught my attention is this. More than half of the bitcoins in circulation have not been used in transactions the past three months and about a third have not been used in the past year. These overall statistics constitute an estimate of the proportion of bitcoins in circulation which are held for “investment” purposes.
|
|
|
|
|
Possum577
|
|
December 30, 2014, 05:25:59 AM |
|
Any formal research is good research at this early stage but I wonder how the transaction volume data (i.e., size of average transactions, what they're used for, what transactions are used for daily spending, etc) may change when subsequent studies can pull data from more mainstream sources other than the gambling site (Satoshi Dice). I can't help but have a hunch that the people that spend most of their time on Satoshi Dice don't represent the entire BTC user population.
|
|
|
|
cbeast
Donator
Legendary
Offline
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
|
|
December 30, 2014, 05:40:51 AM |
|
They keep calling it a scheme.It is a protocol, not a scheme. Nobody is carrying out a plan, at least nobody in particular. If you want to use the term that broadly then the Federal Reserve is a scheme... er wait.
|
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
|
|
|
LiteCoinGuy
Legendary
Offline
Activity: 1148
Merit: 1010
In Satoshi I Trust
|
|
December 31, 2014, 08:57:02 PM |
|
They keep calling it a scheme.It is a protocol, not a scheme. Nobody is carrying out a plan, at least nobody in particular. If you want to use the term that broadly then the Federal Reserve is a scheme... er wait.
The Biggest Scam In The History Of Mankind - Hidden Secrets of Moneyhttps://www.youtube.com/watch?v=iFDe5kUUyT0 |
|
|
|
|
CoinHeavy
|
|
November 24, 2015, 09:41:26 AM |
|
Interesting to compare these initial reports with the relatively serious blockchain research going on these days at well established banking institutions. They might still not be too keen about Bitcoin but the language shift to blockchain technology seems to be gaining traction.
|
|
|
|
|
amacar2
Legendary
Offline
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
|
|
November 24, 2015, 01:22:56 PM |
|
I have downloaded it, thanks for sharing. It seems to be long one i will continue to read now. Quite interested to see federal reserve bank is also taking interest in blockchain and bitcoin.
|
|
|
|
erickimani
Newbie
Offline
Activity: 42
Merit: 0
|
|
November 25, 2015, 03:35:22 AM |
|
thanks for the paper. by just the first page it seems very interesting to read. will try and read it soonest possible. thanks
|
|
|
|
|
|
CoinBateman
|
|
November 25, 2015, 03:53:23 AM |
|
Interesting, i wonder if their stance on Bitcoin is consistent internally
|
@CoinBateman | Killer Crypto Instinct
|
|
|
NorrisK
Legendary
Offline
Activity: 1946
Merit: 1007
|
|
November 25, 2015, 07:56:54 AM |
|
I'm definately going to read all of it after reading the first few pages it really got me in.
Nice stats and graphs to support their points. I only don't like how they use news sites as references though..
|
|
|
|
|
studas
Newbie
Offline
Activity: 26
Merit: 0
|
|
November 25, 2015, 08:09:35 AM |
|
its funny how the always compare directly to the transaction volume of US payment systems and come to the conclusion that its negible. ofc it is, as you cant pay everywhere in btc and most people cant receive their salary in btc...
It is negligible at the moment. In 10 years, the transaction volume could be match that of US dollar. |
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
|
November 25, 2015, 12:13:38 PM
Last edit: November 25, 2015, 02:14:32 PM by n2004al |
|
Normally must be something that must be celebrated by everyone which like bitcoin. I tell normally because I cannot imagine a study of bitcoin made with the aim to know better it in order to able to fight better it. After the rumors about the study of blockchain in collaborations with IBM come the study of bitcoin and a full paper about it from Federal Reserve. It must be enough the interests of Federal Reserve (having in mind that bitcoin is regulated in USA, so no risk for its existence as a legal one) to have satisfaction. But the full analyse given in this paper testify not only the deep interests of Federal Reserve for it (and even for blockchain because there are data and analyse for it too) but even the probability of the verification of USAcoin (like it is written in the article which can be found in the link below). It is not strange that one day exist the national digital coin of USA which can make possible more cheap transactions and more monetary discipline (like Milton Friedman predicted in him's papers).  https://www.cryptocoinsnews.com/ibm-federal-reserve-want-create-bitcoin-knock-off/ |
|
|
|
|
equator
Legendary
Offline
Activity: 1190
Merit: 1002
|
|
November 25, 2015, 01:59:38 PM |
|
it is very usefull information, thanks for sharing and it shows bitcoins is developing and most of the country are moving towards technology
|
|
|
|
|
|
