Bears are not a problem: the volume of transactions with Bitcoin in 2018 updated record
Source:
To the end of the year there are still a few weeks and the trading volume of Bitcoin has exceeded $ 2 trillion. Many countries also recorded a record volume of transactions in BTC. It seems that every day more and more people are taking the cryptocurrency, as well as huge volumes especially impressive due to the wave of criticism which struck cryptosphere the end of the year. According to Satoshi Capital Research, the notional value of trades on BTC at the moment exceeds $ 2.2 trillion.
the2017 auction of Bitcoin has increased two and a half times
Recall, the total trading volume last year was $ 870 billion. It is likely that this is far from the final figure, as the time for loud headlines is still there.
According Bitcoinist recently published report for the third quarter of 2018, where the total annual transaction volume through the payment system amounted to 4.4 trillion. The second largest payment card system in the world serves daily transactions worth about $ 12 billion.
Turns out, Bitcoin assumes half this amount, despite the 70 percent rate for 2018. The daily volume of transactions in BTC is $ 8 billion, which is not so far from MasterCard.
theWhy cryptocurrency irritate conservatives?
Some will say that it how to compare warm with soft. Because in the statistics of MasterCard only covers payments that retailers are taking online and offline. Statistics on Bitcoin also covers sellers, trade , exchange and even cross-border payments.
However, the cryptocurrency market capitalisation of 125 billion playing on the same field with giants like MasterCard and directly indicates rapid spread. This does not fit with the statements of many skeptics that the most popular cryptocurrency Bitcoin is on the verge of oblivion. More data to search for .
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