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Topic: State of Bitcoin - Q1 2014 Report (Read 715 times)

hero member
Activity: 644
Merit: 500
April 25, 2014, 06:09:38 AM
#7
i like that slideshow, there is very good information about bitcoin
hmm, many business accepting bitcoin are in north america and europe region, and many bitcoin investments also there, but why china banned BTC affect BTC prices badly Angry
it was interesting to see around 100 countries have smaller money supply than Bitcoin Grin
sr. member
Activity: 476
Merit: 250
April 25, 2014, 06:02:20 AM
#6
Quote
CoinDesk now estimates that approximately 60,000 merchants around the globe accept bitcoin. In 2014 there has also been greater bitcoin adoption by major brands, including Zynga, Square and Overstock. Even eBay has added a ‘virtual currency’ category to its US and UK sites.
In the offline world, there are approximately 4,000 premises where bitcoin can be used in person and, of these, food establishments are by far the most common type of business accepting the cryptocurrency (Figure 1).

The merchant acceptance in bitcoin is continuously growing, though most of the merchants use bitpay or coinbase and don't keep the bitcoin.

The merchants, for the most part cannot pay their bills with Bitcoin so that makes sense.

My $.02.

Wink
hero member
Activity: 561
Merit: 500
April 25, 2014, 05:27:20 AM
#5
Quote
CoinDesk now estimates that approximately 60,000 merchants around the globe accept bitcoin. In 2014 there has also been greater bitcoin adoption by major brands, including Zynga, Square and Overstock. Even eBay has added a ‘virtual currency’ category to its US and UK sites.
In the offline world, there are approximately 4,000 premises where bitcoin can be used in person and, of these, food establishments are by far the most common type of business accepting the cryptocurrency (Figure 1).

The merchant acceptance in bitcoin is continuously growing, though most of the merchants use bitpay or coinbase and don't keep the bitcoin.
member
Activity: 117
Merit: 10
Long live Bitcoin.
April 25, 2014, 04:28:27 AM
#4
thank you! good and useful job!
newbie
Activity: 108
Merit: 0
April 25, 2014, 04:25:14 AM
#3
the actual information and a visual diagram. excellent job!
sr. member
Activity: 299
Merit: 253
April 24, 2014, 11:20:06 PM
#2
They do a good job.
member
Activity: 71
Merit: 10
April 24, 2014, 06:29:18 PM
#1
Coindesk just released the newly updated "State of Bitcoin" - Q1 2014 Report.
I hope you guys find this report very informational Smiley

http://www.coindesk.com/bitcoin-report-q1-2014
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