Bitcoin is an investment vehicle, it has payment function, but most often there is no need to pay with bitcoin due to the existance of inflative fiat. In future people will be able to mortgage their bitcoin and get fiat loan to spend
Topic: How to estimate the amount of real (non-speculative) transactions ? (Read 952 times)
I suppose that most of them are payments when miners get paid from the pool
Bitcoin is an investment vehicle, it has payment function, but most often there is no need to pay with bitcoin due to the existance of inflative fiat. In future people will be able to mortgage their bitcoin and get fiat loan to spend
Bitcoin is an investment vehicle, it has payment function, but most often there is no need to pay with bitcoin due to the existance of inflative fiat. In future people will be able to mortgage their bitcoin and get fiat loan to spend
May 26, 2013, 07:52:52 PM
You mean legitimate transactions? 0. Source: Bitcoin-business owner.
Maybe try an order process that doesn't involve an excel spreadsheet
.Oh that must why my business isnt taking off, because of the inconvenience of having an ordersheet available instead of a clunky web interface for inputting mass amounts of repetitive data. Not of course because the difference of 5 minutes means vastly overpaying or underpaying, depending on when you want to roll the dice and actually buy something with this. Thanks random business pro!
May 21, 2013, 08:15:19 AM
You mean legitimate transactions? 0. Source: Bitcoin-business owner.
There was that pizza... All downhill from there
Pizza was just a codename
May 21, 2013, 07:36:05 AM
You mean legitimate transactions? 0. Source: Bitcoin-business owner.
There was that pizza... All downhill from there
May 21, 2013, 07:10:10 AM
It's hard to tell what fraction of the non-speculative transactions they process, but BitPay's published numbers could be used as a lower bound both of the total volume and the percentage change from month to month.
May 21, 2013, 02:36:19 AM
You mean legitimate transactions? 0. Source: Bitcoin-business owner.
Maybe try an order process that doesn't involve an excel spreadsheet
. May 21, 2013, 01:37:27 AM
I don't think he's asking for a black-market to be excluded, simply exclude all exchanges of BTC for other currency, and count only BTC for 'things' be they legal or illegal.
May 21, 2013, 12:09:13 AM
You mean legitimate transactions? 0. Source: Bitcoin-business owner.
May 20, 2013, 05:46:50 PM
How to estimate the amount of real (non-speculative) transactions ?
i.e. how many people actually buy goods for bitcoins ?
i.e. how many people actually buy goods for bitcoins ?
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