[2015-02-12] CD: Bitcoin Transactions Will Double By 2017, Research Finds

[LiteCoinGuy]

Bitcoin Transactions Will Double By 2017, Research Finds

A new report from Juniper Research forecasts that the number of bitcoin and altcoin transactions will more than double by 2017 to 56 million, up from 24.7 million in 2014 and 18 million in 2013.

http://www.coindesk.com/juniper-research-bitcoin-transactions-double-2017/

[Honeybooboo]

I'm pretty sure I saw an article or thread recently that said the exact opposite that bitcoin transactions will drastically fall this year and the next. Personally I think it's logical to think transactions will rise steadily over the next few years but I don't bother listening to speculation or forecasts and just wait to see what the future holds for bitcoin.

[cr1776]

I'm pretty sure I saw an article or thread recently that said the exact opposite that bitcoin transactions will drastically fall this year and the next. Personally I think it's logical to think transactions will rise steadily over the next few years but I don't bother listening to speculation or forecasts and just wait to see what the future holds for bitcoin.

Yeah and it was from Juniper Research too.  At least we know that they have both bases covered.  ;-)  (I know the years don't match exactly).

"Juniper Research's recent report said that volume of the transactions made by cryptocurrency will be decreasing by 50% as we approach the end of 2015."

See:
http://bitforum.info/t/a-50-drop-in-cryptocurrency-transactions-this-year-is-imminent/226?u=angelo/

https://bitcointalk.org/index.php?topic=947120.msg10372303#msg10372303

[Arnab biswas]

just imagin there are peoples there in the world who till now don't. know about bitcoin thing.....if they somehow used to this..then the transactions will be more and the.price.will fall again.....

[mercistheman]

Using trends are only part of the projection... the bigger ticket is the "exponential factor"... an upward trend draws a lot of attention (ie. rapid rise to $1200)... it would be easy to say that this would be just another bubble, however several more new adopters will lead to sustainable growth... it's getting close to the tipping point... in the meantime the priority has to be building consumer confidence with credible fraud prevention.

[Honeybooboo]

I'm pretty sure I saw an article or thread recently that said the exact opposite that bitcoin transactions will drastically fall this year and the next. Personally I think it's logical to think transactions will rise steadily over the next few years but I don't bother listening to speculation or forecasts and just wait to see what the future holds for bitcoin.

Yeah and it was from Juniper Research too.  At least we know that they have both bases covered.  ;-)  (I know the years don't match exactly).

"Juniper Research's recent report said that volume of the transactions made by cryptocurrency will be decreasing by 50% as we approach the end of 2015."

See:
http://bitforum.info/t/a-50-drop-in-cryptocurrency-transactions-this-year-is-imminent/226?u=angelo/

https://bitcointalk.org/index.php?topic=947120.msg10372303#msg10372303

Yes, that was it. People should just ignore any speculation on the price or number of transactions or rate of merchant adoption and just make their own educated guesses, though I'll just keep patiently waiting to see what the future holds.