Corporate Finance, DeFi, Blockchain, Web3 News
Corporate Finance, Fintech, DeFi, Blockchain, Web 3 News

FY360° | Where are bitcoin transaction volumes heading?

For the year-to-date at the end of August 2015, the total number of bitcoin transactions has increased by 70% over the same eight-month period in 2014.


For the month of August 2015, the average daily volume of Bitcoin transactions was 115 thousand transactions per day, a 69% increase over the number in August 2014.
Bitcoin is growing at a steady pace. This is interesting because transaction numbers are a direct indicator of usage. Bitcoin usage is rising, and has been since around mid-2012, as can be seen from the transaction chart on blockchain.info. In my experience with payment systems, it is reasonably easy to forecast future volumes based on current rates of change. For example I have observed this to be the case for the growth of SEPA credit transfer volumes, the decline in UK cheques and the growth in contactless card transactions in the UK and Europe.

At the beginning of this year, I forecast that bitcoin transactions would be...

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Mercredi 14 Octobre 2015




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