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State of Bitcoin (via Coinbase)

July 2015 Link

Summary

Key Adoption Metrics

Year over Year

  • mainstream media mentions down 64%
  • function of lost valuation (-53% YoY)
  • merchants annual revenues up 6x
  • unique bitcoin address and VC-backed BTC startups up 2x.
  • Hash rate up 3x

Quarter over Quarter

Nearly all aspects showed slower growth relative to previous Q.

  • slower wallet growth (from 14% to 11%)
  • reduced merchant revenue (from 4% to 0%)

Wedbush expects bitcoin to account for 10% of $5.9 Trillion in online payments, 20% of $744bn remittances market and 20% of $924 billion microtransaction network by 2025.

Currency Cap + Company Valuations (Pantera Capital) have remained steady for ~2 years despite mkt cap falling due to price declines.