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wopwop

sr. member

Activity: 252

Merit: 250

Quote from: ?? on ??

Quote

PayPal handled $14 billion (£9 billion) in mobile payments last year...

Compare that to:

Quote

The month of August was another record month for BitPay, processing over 10,000 merchant transactions worth over $6.4 million. Year-to-date in 2013, over $34 million worth of bitcoins have been spent on goods and services through merchants using BitPay’s platform.

That's 0.24% of paypal's last year volume in only the first 3/4 of this year.

and thats only paypal's 'mobile payments'

prophetx

legendary

Activity: 1666

Merit: 1010

he who has the gold makes the rules

Quote from: 100x on September 16, 2013, 01:06:43 PM

http://uptweet.com/viewStory?id=1519

This is making me feel very bullish. A lot of us remember the $5mil number from bitpay for march, however I assumed this was somewhat of an anomaly due to the large ASIC sale that month. If this trend continues, Bitpay and silkroad alone are going to break $100mil in transactions in 2013. Yes yes, I know, given monetary velocity and such such this still doesn't support a valuation of $1.5bil. Thing is, bitcoin valuation is going to be largely composed of store of value and speculation for a very long time, if not forever.

$1000/BTC by Jan 2015, if not sooner Cheesy

trend micro blocks this URL for me, can someone post a screen shot?

also I wonder if there is inflow and outflow data. how much fiat flowed in to bitpay? how much fiat did bitpay pay out? is there a trend over month to month data?

hyphymikey

hero member

Activity: 784

Merit: 1000