Move Aside PayPal and Discover, Bitcoin Transaction Value Exceeds $1.3 Trillion Eyeing VISA Next

Move Aside PayPal and Discover, Bitcoin Transaction Value Exceeds $1.3 Trillion Eyeing VISA Next
фото показано с : bitcoinexchangeguide.com

2018-8-31 21:20

This news story should be shown to people who hold the opinions that we are approaching the doom of Bitcoin. The value Bitcoin transactions hangs around the $1.3 trillion mark in 2018 alone, outpacing those of enormous payment processors such as PayPal and Discover while coming in second to Visa.

Yassine Elmandjra, a New York-based analyst published a graph showing the original digital currency’s transaction volume compared to that of Visa, UnionPay, Mastercard and the Discover cards.

Elmandjra, yet, agrees that we cannot compare Bitcoin and say Visa or MasterCard in terms of their Base layer transaction volumes. But he also points out that that was never the intention. Yet, the top cryptocurrency has seen tremendous growth in its transaction volumes since 2013, the analyst tweeted. He also provided a graph showing the transaction volumes of Visa, MasterCard, UnionPay, and Discover Credit Card.

The Bitcoin market has seen an approximate 80 percent increase per year over the last five years, touching its peak in 2017 with an eight-fold increase in transaction value. This is definitely pretty impressive for an asset class that a lot of financial experts deem to be a niche market.

If the same growth rate could be achieved in the years ahead, interesting things will be bound to happen in the future, including Bitcoin overtaking Visa by the end of 2022, as the aforementioned growth rate theoretically puts the cryptocurrency on target to surpass $13 trillion in transactions.

To many within crypto circles, Bitcoin needs to find answers to its scaling difficulties if it has to compete with the likes of Visa. However, there are some who believe that the original purpose of cryptocurrency was never to compare or compete with these traditional payment processors.

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Bitcoin (BTC) на Currencies.ru

$ 98058.57 (-0.14%)
Объем 24H $42.477b
Изменеия 24h: -0.49 %, 7d: 7.39 %
Cегодня L: $97633.19 - H: $98572.23
Капитализация $1940.25b Rank 1
Цена в час новости $ 6509.73 (1406.34%)

bitcoin visa value trillion paypal discover those

Источник: bitcoinexchangeguide.com

bitcoin visa → Результатов: 29


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2018-8-28 12:42


Бывший гендиректор Visa представил самый быстрый сервис криптовалютных платежей

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2018-8-16 18:16


В MyEtherWallet теперь можно покупать ETH

Популярный Ethereum-кошелек MyEtherWallet добавил новую функцию, позволяющую пользователям покупать ETH за фиат прямо на их сайте, используя карты Visa или MasterCard. «Мы решили сделать использование MEW проще для вас, поэтому мы теперь сотрудничаем с SimplexCC, что позволяет вам покупать ETH напрямую без использования бирж! Как только вы пройдете верификацию, ваши ETH появятся в вашем MEW», […] Сообщение В MyEtherWallet теперь можно покупать ETH появились сначала на Russian Bitcoin Community.

2018-7-23 10:34


Bitcoin [BTC] transactions on Abra get a boost, MasterCard and Visa now accepted

On 13th July, Abra announced that the digital wallet application will now allow the use of Visa and MasterCard for Bitcoin [BTC] transactions. The wallet aims to make buying and selling of cryptocurrencies simpler and easily accessible with this move as these are the most commonly used credit/debit cards. Abra’s tweet | Source: Twitter Users can […]

2018-7-13 22:12


Abra улучшила тразакции биткоин, теперь можно использовать VISA и MasterCard

13 июля Abra объявила, что приложение цифрового кошелька теперь позволит использовать платежные карты VISA и MasterCard для покупки и продажи биткоин (BTC). Таким ходом кошелек нацелен на то, чтобы сделать покупку и продажу криптовалют более простым и доступным, поскольку наиболее часто люди используют именно кредитные и дебетовые карты вышеуказанных компаний.

2018-7-13 12:26


Приложение Abra добавило поддержку карт Visa и Mastercard для покупки биткоина

Пользователи мобильного биткоин-приложения Abra смогут приобретать биткоин с помощью дебетовых и кредитных карт Visa/Mastercard. You can now fund your wallet using VISA or Mastercard globally! Buy bitcoin with your debit or credit card on the web or directly in the Abra app: https://t.

2018-7-13 10:52


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