Bitcoin Venture Capital per Quarter is Exploding :)

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Quote from: ed_teech on March 16, 2015, 02:59:25 AM

What projects are gobbling up these funds ?

http://blogs.wsj.com/digits/2015/03/10/secretive-bitcoin-startup-21-reveals-record-funds-hints-at-mass-consumer-play/

Stuff like this is making Bitcoin get more and more money flowing in daily. We are clearly headed towards global success. Bitcoin is not objectively unstopable. Relax and dont panic regardless the price.

okthen

hero member

Activity: 490

Merit: 500

I'm surprised that there was a decrease in Q2 2013, whereas it kept increasing after the Q4 2013 bubble (and until now).
Any explanations for that?

infofront

legendary

Activity: 2646

Merit: 2842

Shitcoin Minimalist

Quote from: aso118 on March 15, 2015, 05:47:30 AM

Quote from: infofront on March 15, 2015, 12:16:22 AM

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I wouldn't. That's a useless metric at this stage.

It would be a great metric, indicating the extent of bitcoin adoption.
Unfortunately, given Bitcoin's pseudonymous nature, I think there is no way we can get such a metric.

Useless might've been too strong of a word, but I believe it's too early in the game to take user numbers too seriously. Predicting the future success of BTC based on the number of new users would've been like predicting the success of the internet based on the number of users in 1992.

More users will follow the big money, as this venture capital is funding the future facebooks, googles, etc. of the bitcoin world. "If you build it, they will come."

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Quote from: aso118 on March 15, 2015, 05:47:30 AM

Quote from: infofront on March 15, 2015, 12:16:22 AM

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I wouldn't. That's a useless metric at this stage.

It would be a great metric, indicating the extent of bitcoin adoption.
Unfortunately, given Bitcoin's pseudonymous nature, I think there is no way we can get such a metric.

We can see the amount of wallets being downloaded and the amount of addresses being created but never if they are new people, people re uploading the wallet, new or old people making new addresses etc.

Stringer Bell

member

Activity: 107

Merit: 11

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

Many of the companies being invested in by VC's make that incredibly easy for the average user.

ed_teech

hero member

Activity: 508

Merit: 500

Jahaha

What projects are gobbling up these funds ?

OROBTC

legendary

Activity: 2940

Merit: 1865

...

QuestionAuthority & infofront

As far as I am concerned, almost any metric is worth something. More people using BTC would obviously be a good thing, but how important is that? I don't know.

Still, the OP's graph speaks for itself!

I would also like to see a list (I suspect they are out there) of the companies that the VCs have invested in.

And the "next tier" of companies looking for money...

maku

legendary

Activity: 1288

Merit: 1000

Quote from: rikkie on March 15, 2015, 01:05:22 PM

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I don't think it is really possible for someone to measure this figure. If people are correctly using bitcoin (not reusing old addresses) then almost all transactions should look like someone might be buying bitcoin for the first time.

I would like to see this growth continue to be sure that the numbers are not artificially higher because of only one or two big deals

Venture capital is quite easy to track. We may estimate capital invested in bitcoin with no problems. From the other hand I can only monitor blockchain transactions, new address creation and addresses which have bitcoin and are empty. And that is not valid proof to judge how many new users bitcoin have.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: bitpump on March 14, 2015, 03:41:18 PM

2015 Q1 is $ 275.5 mio , should have mentioned the $mio

!

source: http://www.coindesk.com/bitcoin-venture-capital/

Almost $1bn has been invested in BTC venturers so far. That is 25% of current BTC market capitalization. I wonder how much investments are in BTC itself.

rikkie

hero member

Activity: 574

Merit: 500

Richard Coleman - Chief Executive @ CloudThink.IO

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I don't think it is really possible for someone to measure this figure. If people are correctly using bitcoin (not reusing old addresses) then almost all transactions should look like someone might be buying bitcoin for the first time.

I would like to see this growth continue to be sure that the numbers are not artificially higher because of only one or two big deals

aso118

legendary

Activity: 1918

Merit: 1012

★Nitrogensports.eu★

Quote from: infofront on March 15, 2015, 12:16:22 AM

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I wouldn't. That's a useless metric at this stage.

It would be a great metric, indicating the extent of bitcoin adoption.
Unfortunately, given Bitcoin's pseudonymous nature, I think there is no way we can get such a metric.

infofront

legendary

Activity: 2646

Merit: 2842

Shitcoin Minimalist

Quote from: QuestionAuthority on March 14, 2015, 10:06:22 PM

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

I wouldn't. That's a useless metric at this stage.

chennan

legendary

Activity: 1316

Merit: 1004

Nice graph! Millions of dollars are invested in bitcoin and support its ecosystem! The price will be reflecting the reality soon!The best strategy is to buy now until the price is booming!

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

This is great and all but I'd much rather see a chart covering the explosion in new users buying btc for the first time.

pitham1

legendary

Activity: 1232

Merit: 1000

Quote from: Chef Ramsay on March 14, 2015, 08:31:45 PM

Quote from: oblivi on March 14, 2015, 05:57:32 PM

Amazing, nice graph that shows things are moving, while clueless people keep selling their cheap coins panic due ignorance. They will regret once reality translates into the bitcoin price.

For real, people are gonna feel stupid for selling early and at a loss once the future does its thing down the line - unless they truly needed the money for something serious in the mean time rather than just blowing it on upgrading to the newest iphone.

We should follow the "smart money". Venture capitalists must have cogent reasoning for investing all those millions of dollars in start ups. It is only a matter of time before these companies start coming out of IPOs. That would lead to even more bullishness on bitcoins' price.

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

Quote from: oblivi on March 14, 2015, 05:57:32 PM

Amazing, nice graph that shows things are moving, while clueless people keep selling their cheap coins panic due ignorance. They will regret once reality translates into the bitcoin price.

For real, people are gonna feel stupid for selling early and at a loss once the future does its thing down the line - unless they truly needed the money for something serious in the mean time rather than just blowing it on upgrading to the newest iphone.

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: bitpump on March 14, 2015, 03:33:15 PM

Bitcoin Venture Capital per Quarter is Exploding

And we have not even ended quarter yet ...

Im gonna post this graphic from now on everytime I hear someone say "bitcoin... isn't it dead yet"? type of comments.

oblivi

hero member

Activity: 700

Merit: 501

Amazing, nice graph that shows things are moving, while clueless people keep selling their cheap coins panic due ignorance. They will regret once reality translates into the bitcoin price.

bitpump

full member

Activity: 167

Merit: 101

2015 Q1 is $ 275.5 mio , should have mentioned the $mio

!

source: http://www.coindesk.com/bitcoin-venture-capital/

Harry Hood

sr. member

Activity: 266

Merit: 250

The growth is certainly staggering. I'm a bit confused on the investment value on the X axis, is Q1 2015 VC investment just over $250, $250k, $250m? The chart doesn't say on the OP nor on the twitter post. The investment dollars is important but equally important would be the number of deals. Do you have any data on the number of deals closed by quarter? Growing investment is a great thing!

Topic: Bitcoin Venture Capital per Quarter is Exploding :) (Read 1731 times)