Author

Topic: Help me estimate bitcoins total merchant/market net worth (Read 1547 times)

hero member
Activity: 490
Merit: 500
I'm a Coinbase customer and they list publicly on their blog that they've been processing $15 million in bitcoin buys and sells as of May of this year.  See http://blog.coinbase.com/post/49782323057/coinbase-now-processing-15m-per-month-in-bitcoin-buys for the source.  It's probably more than that now, but that's the most recent data that they've listed.
legendary
Activity: 1554
Merit: 1000
How about BTCQuick.....

2013 July - $ 8071.86 (1st to 15th) - ~$9,141.13 (16th to 31st) - Total Monthly Sales of ~ $320,721.23 - TBD % Profit Margin - YTD Sales: ~ $737,788.69
Can you provide links?

https://bitfunder.com/asset/btcQuick#tab_description

https://bitcointalk.org/index.php?topic=246228.60
sr. member
Activity: 420
Merit: 250
You can find data for Satoshi Dice in this thread: https://bitcointalksearch.org/topic/satoshi-dice-statistical-analysis-80312

Edit: Also, Just-Dice.com has even more BTC wagers than Satoshi Dice, but they are off blockchain transactions for the most part. All of those statistics are published up to the minute.
hero member
Activity: 662
Merit: 545
How about BTCQuick.....

2013 July - $ 8071.86 (1st to 15th) - ~$9,141.13 (16th to 31st) - Total Monthly Sales of ~ $320,721.23 - TBD % Profit Margin - YTD Sales: ~ $737,788.69
Can you provide links?
legendary
Activity: 1554
Merit: 1000
How about BTCQuick.....

2013 July - $ 8071.86 (1st to 15th) - ~$9,141.13 (16th to 31st) - Total Monthly Sales of ~ $320,721.23 - TBD % Profit Margin - YTD Sales: ~ $737,788.69
sr. member
Activity: 364
Merit: 250
There is data aviable about Asicminer, don't know the time frame though:
https://bitcointalksearch.org/topic/m.2788821
hero member
Activity: 662
Merit: 545
I am trying to collect as much data as possible to get a rough idea how much money is being spent in bitcoins market place.  I am intersted in doing this as a result of many claims that Silk Road is the "driving marketplace of bitcoin" - which I don't think is particularly true.  If you have any links, or information about the below companies please share, I will keep it updated as more information comes in.  If you have any other suggestions on other bitcoin related merchants let me know.

BitPay ~$5 million/month
CoinBase ~15 million/month *February buy and sales total | *email
BitcoinStore Lifetime sales: $662,993 | $662,993/7(?) months = $94,713/month
BitMit ?
CoinGig ~$5,000/month
Avalon 8 million in chip orders? *from comments here on bitcointalk, looking for links
Butterfly Labs ?
KnC owner refuses to answer
AsicMiner ~$6,711,800 (unknown time frame) | Blade Sales Income: 29,594.75BTC + USB Sales Income: 37,524.00BTC
Satoshi Dice ?
BTCQuick ~ $320,721.23/month

The only data I can find on Silk Roads annual sales is roughly $22 Million a year, i.e. ~$1.8 million/month so BitPay alone technically processes more than Silk Road alone.

Jump to: