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Author Topic: Study Says - 50% Drop In Cryptocurrency Transactions Will Happen This Year  (Read 3702 times)
BigGameCAsino
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February 09, 2015, 03:10:28 AM
 #21

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% maybe is a lot bigger than what I am expecting. For sure there will be loss, but not that big.

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February 10, 2015, 12:40:33 AM
 #22

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


Did anyone here even read the article before commenting here? It is behind the biggest paywall I've ever seen.

Total:    £1750.00



The article is accessible.
Are you talking about the original research report the article is based on?

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February 10, 2015, 01:13:25 AM
 #23

this would obviously hurt the price ..especially with miners pumping out 3600 coins per day

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February 10, 2015, 02:21:32 AM
 #24

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% might be lower than what I think
altcoinUK
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February 10, 2015, 02:32:03 AM
 #25

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% might be lower than what I think

Yeah, I would be very surprised if it would be only 50% drop. Since at least 95% of alts are absolutely useless rubbish 95% drop would make more sense. To figure this out no need to be conduct a fucking research - it is just common sense.
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February 10, 2015, 02:35:06 AM
 #26

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% might be lower than what I think

Yeah, I would be very surprised if it would be only 50% drop. Since at least 95% of alts are absolutely useless rubbish 95% drop would make more sense. To figure this out no need to be conduct a fucking research - it is just common sense.

As you can see, you can't read any altcoin movements right now.
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February 10, 2015, 02:52:39 AM
 #27

Juniper Research client list: http://www.juniperresearch.com/clients.php      Tongue

Perhaps Bank of America were told what they wanted to hear.

Time will tell in any case, but we should exhume this thread in a year or so no matter how things go.


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February 10, 2015, 03:00:38 AM
 #28

Can a study predict the future? I think not. Bitcoin transactions are at an all time high.
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February 10, 2015, 03:01:03 AM
 #29

that won't happen

we can talk about the price,but transanctions volume will not decrease because bitcoin has many consolidated users
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February 10, 2015, 02:03:44 PM
 #30

Can a study predict the future? I think not. Bitcoin transactions are at an all time high.
Nothing can predict the future of Bitcoin, otherwise these naysayers would have invested tons before the 1K ATH.
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February 10, 2015, 04:26:38 PM
 #31

I'd take any prediction with a huge grain of salt, especially one that costs 1750 ponds to purchase.
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February 12, 2015, 12:40:11 PM
 #32

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


I really hope that these kind of predictions will not happen.
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February 12, 2015, 04:05:28 PM
 #33

Can a study predict the future? I think not. Bitcoin transactions are at an all time high.

The study talks about the dollar value of transactions.

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February 12, 2015, 04:08:31 PM
 #34

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


50% might be lower than what I think

Yeah, I would be very surprised if it would be only 50% drop. Since at least 95% of alts are absolutely useless rubbish 95% drop would make more sense. To figure this out no need to be conduct a fucking research - it is just common sense.
well i think they way altcoins are going right now, its only a matter of time before they die all together and people just stop even thinking about them

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 12, 2015, 04:11:30 PM
 #35

epic fail article

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February 12, 2015, 04:13:49 PM
 #36

The transaction drop if only the price is stable, otherwise the volume won't drop sharply

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February 12, 2015, 04:32:33 PM
 #37

That study is way overpriced. It's just another attempt to predict the future based on assumptions that might be true or might be wrong.

I didn't read the study, but the article suggests that whatever fancy tools (like "highly granular IFxls (Interactive Forecast Excels)" Grin) they have used, it's just an extrapolation of what they think how the trend is unfolding.

They are right in their observation that Bitcoin is not ready for mass adoption yet. But they fail to take into account the technological improvements that are likely to take place in the Bitcoin ecosystem.
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February 12, 2015, 04:38:20 PM
 #38

For monitoring BitCoin transactions go here

http://www.bitcoincharts.com/bitcoin/

Triff ..

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February 13, 2015, 02:26:24 PM
 #39

As the article said, cryptocurrency transactions will drop but Bitcoin might be holding on as a payment technology alternative.

A 50% Drop In Cryptocurrency Transactions This Year Is imminent

However, a 50% drop is as bad as it gets. In the midst of left and right financing from companies who are now considering cryptocurrency as a potential option.

Do you think this study is true? Aside from adoption, is there any possible way to help turn the tides for cryptocurrency?


The Author himself said "I believe that cryptocurrency as a whole might face a decrease of transactions made this year but Bitcoin will continue to flourish as a alternative payment technology for people around the world. "

There is nothing about death of Bitcoin!! Bitcoin must have bright future!!!

Yeah.. Agreed.

There is still no evidence that the death of Bitcoin is near.

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February 13, 2015, 06:21:46 PM
 #40

It's not about transactions....it's about whether if it's a store of value or not...if it's not a store of value....it's worthless...draw your own conclusions from there.

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