CHAPS is only one of three payment systems in UK banking, those figures don't include the cheque/debit card sector or direct debit payments at all, so you are really comparing apples and oranges.
You can read what you like into charts, some people are looking at the current price chart and seeing $1000 in the future, others $1....
Compare this
https://blockchain.info/charts/n-transactions?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
with this
https://blockchain.info/charts/estimated-transaction-volume?timespan=30days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=
(just a random month, although most recent)
and you could say that the average BTC transaction is recently worth between $500 and $1200.
Then look at this one
https://blockchain.info/popular-addresses
and you will see that the vast majority of the Top 100 addresses are gambling sites. If that ratio continued down for say, the TOP 1,000 or 10,000, it could bring you thinking that maybe there's a vast amount of low value gambling and a small number of very large whale/mining transactions, with a few pizzas and Overstock sheets in between.
Topic: Bitcoin Number of Transactions touching All Time High - page 2. (Read 2839 times)
Transactions in Bitcoins are going up because it takes more Bitcoins to buy the same stuff.
Godammit. I knew there was a reason why I was making twice as many trips to the corner shop after the price of milk doubled.
Bitcoin Number of Transactions (minus popular addresses) touching All Time High:
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
This means that Bitcoin is now processing, everyday, over half of what "the clearing house automated payment system" AKA "Chaps" of the Bank of England processes during weekdays at work hours:
That's the Bank of England's large payment system, £277bn a day, average transaction £2m.https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
This means that Bitcoin is now processing, everyday, over half of what "the clearing house automated payment system" AKA "Chaps" of the Bank of England processes during weekdays at work hours:
Now check the dollar volume of Bitcoin transactions. Around $50 million a day, and flat for six months.
Transactions in Bitcoins are going up because it takes more Bitcoins to buy the same stuff.
There needs to be the ability to process a lot more transactions though. Bitcoin is being used all over the world, and that's definitely a lot of users.
It makes sence number of Bitcoin transactions increase as the Bitcoin popularity grows.
It is a very important indicator that shows bitcoin is on the right path and expanding. It also means any average joe can have the ease and comfort of transferring money without the rules and regulations of the banking. I believe it is a positive move moreover when we are going to have the scenario that one day only the transaction fees alone are going to support and determine bitcoins continuity. Indeed Nice share
This much BTC in the stream then why the price isn't getting up. It should rise above 500 given the current market cap. But all this transaction, where are they leading to?
Does not matter where what matters is they pay transaction fee and feed the miners. More fees there will be, cheap BTC will be since miners wil mine more.
So win/win situation for all. 
This much BTC in the stream then why the price isn't getting up. It should rise above 500 given the current market cap. But all this transaction, where are they leading to?
It can just be people withdrawing or transferring coins from one another. Since the address don't give out names or personal information, some of the transactions may just be people moving or withdrawing coins to their wallet or people spamming dust amounts to advertise. 
This much BTC in the stream then why the price isn't getting up. It should rise above 500 given the current market cap. But all this transaction, where are they leading to?
The "clearing house automated payment system" seems to cost a lot to process a transaction.
It is an good opportunity for bitcoin to show its stable, quick, anonymous, robust network to process transaction comparing to "the clearing house automated payment system" provided by the banks.
Bitcoin Number of Transactions (minus popular addresses) touching All Time High:
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
This means that Bitcoin is now processing, everyday, over half of what "the clearing house automated payment system" AKA "Chaps" of the Bank of England processes during weekdays at work hours:
http://www.theguardian.com/business/2014/oct/20/bank-of-england-payment-system-crashes
"The clearing house automated payment system known in City circles as Chaps describes itself as the “unsung hero” of the banking world, as it processes about 140,000 transactions a day, worth on average £277bn."
This level of transactions is happening outside of the environment of a speculative bubble in exchange rates, as was the case in the all time high that we may completely break next week.
Edit:
With popular addresses it already broke the ATH:
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
https://blockchain.info/charts/n-transactions-excluding-popular?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
This means that Bitcoin is now processing, everyday, over half of what "the clearing house automated payment system" AKA "Chaps" of the Bank of England processes during weekdays at work hours:
http://www.theguardian.com/business/2014/oct/20/bank-of-england-payment-system-crashes
"The clearing house automated payment system known in City circles as Chaps describes itself as the “unsung hero” of the banking world, as it processes about 140,000 transactions a day, worth on average £277bn."
This level of transactions is happening outside of the environment of a speculative bubble in exchange rates, as was the case in the all time high that we may completely break next week.
Edit:
With popular addresses it already broke the ATH:
https://blockchain.info/charts/n-transactions?timespan=all&showDataPoints=false&daysAverageString=7&show_header=true&scale=0&address=
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