How Big is Silk Road - page 2. | Bitcointalksearch.org

finway

hero member

Activity: 714

Merit: 500

Quote from: trout on January 19, 2012, 10:31:57 PM

here, I got a simple estimate for you.
on SR front page, they have 10 most recent feedbacks.
You can check the time when they were left. just now, the last one of the 10 was left half an hour ago.

which gives a (very rough) estimate of 20 purchases per hour.

Interesting data.

Seal

donator

Activity: 848

Merit: 1078

Quote from: trout on January 19, 2012, 10:31:57 PM

Quote from: rebuilder on January 19, 2012, 03:12:16 PM

Quote from: antoineph on January 19, 2012, 11:57:47 AM

Do you anything about the daily volume?

You mean: "Are you the person running Silk Road?"

here, I got a simple estimate for you.
on SR front page, they have 10 most recent feedbacks.
You can check the time when they were left. just now, the last one of the 10 was left half an hour ago.

which gives a (very rough) estimate of 20 purchases per hour.

if you are interested you can collect more data, along with the average price, daily fluctuations, etc.,
but i can't be bothered.

Are all the listings US based? If they are multiply the 20 purchases per hour for daytime hours only, assuming most people wont be up in the middle of the night. Also if its anything like ebay (disclaimer- i've never seen SR) then a small portion of buyers won't leave feedback. Assuming this happens, 22 purchases per hour multiplied by a conservative 10 hour day. 220ish purchases per day. Again very rough. Are all payments made via bitcoin on SR?

trout

sr. member

Activity: 333

Merit: 252

Quote from: rebuilder on January 19, 2012, 03:12:16 PM

Quote from: antoineph on January 19, 2012, 11:57:47 AM

Do you anything about the daily volume?

You mean: "Are you the person running Silk Road?"

here, I got a simple estimate for you.
on SR front page, they have 10 most recent feedbacks.
You can check the time when they were left. just now, the last one of the 10 was left half an hour ago.

which gives a (very rough) estimate of 20 purchases per hour.

if you are interested you can collect more data, along with the average price, daily fluctuations, etc.,
but i can't be bothered.

rebuilder

legendary

Activity: 1615

Merit: 1000

Quote from: antoineph on January 19, 2012, 11:57:47 AM

Do you anything about the daily volume?

You mean: "Are you the person running Silk Road?"

antoineph

full member

Activity: 181

Merit: 100

Quote from: trout on January 19, 2012, 04:43:58 AM

SR has over 130000 registered members. Note that you have to register just to look in, so lots of these may have never been used.

It says it has 251 sellers. Seller accounts cost money, so people don't get them just for fun.

Do you anything about the daily volume?

trout

sr. member

Activity: 333

Merit: 252

Quote from: Kluge on January 19, 2012, 04:55:36 AM

Unless it's changed in the past few months, it's totally free to sell on SR, as well as free to buy.

it did change. a lot.

Kluge

donator

Activity: 1218

Merit: 1015

Quote from: trout on January 19, 2012, 04:43:58 AM

SR has over 130000 registered members. Note that you have to register just to look in, so lots of these may have never been used.

It says it has 251 sellers. Seller accounts cost money, so people don't get them just for fun.

Unless it's changed in the past few months, it's totally free to sell on SR, as well as free to buy.

trout

sr. member

Activity: 333

Merit: 252

SR has over 130000 registered members. Note that you have to register just to look in, so lots of these may have never been used.

It says it has 251 sellers. Seller accounts cost money, so people don't get them just for fun.

Kluge

donator

Activity: 1218

Merit: 1015

Quote from: nrd525 on January 19, 2012, 12:57:44 AM

When I looked at Silk Road, I remember only seeing 500-600 items. Am I remembering right?

500 items at $50 each (estimate) is only $25,000 which isn't a lot of money compared to the current Bitcoin money supply.

Those listings are used repeatedly, not just once.

If someone has 100g of Substance X and is selling 1g, he can do that sale 100 times, get re-supplied, do another 100 transactions, and still use the same one listing.

antoineph

full member

Activity: 181

Merit: 100

looks like there are about 2000 items up for sale right now, give or take. I'd say 20000BTC, at least. Rough guess.

I don't know anything about the daily volume.

nrd525

legendary

Activity: 1870

Merit: 1023

When I looked at Silk Road, I remember only seeing 500-600 items. Am I remembering right?

500 items at $50 each (estimate) is only $25,000 which isn't a lot of money compared to the current Bitcoin money supply.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

i wonder how much demand spendbitcoins.com generates.

legitnick

hero member

Activity: 532

Merit: 500

Pretty fucking big, you don't need to open any ports to make it go faster tor is just inherently slow.

nrd525

legendary

Activity: 1870

Merit: 1023

What is the average total value of goods for sale on Silk Road?

I tried looking at it once, but the website was too slow to get a good idea (maybe I needed to open ports in my router).

I'm interested in figuring out how much Silk Road affects the demand for Bitcoins.

Topic: How Big is Silk Road - page 2. (Read 5283 times)