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I think it's hard to say without knowing more. On the one hand, paying in btc probably restricts the number of people willing to use your product by virtue of t
by akharris 11y ago
I think it's hard to say without knowing more. On the one hand, paying in btc probably restricts the number of people willing to use your product by virtue of there being not that many people who have btc accounts. On the other hand, it might make you more popular with a small group of people.
Most great products start with a core of really happy users, and then expand over time. Do you have users that love you and use your product every day? Many times a day?
- chejazi 11y agoWe've had around 2.8k signups so far (launched in October). We have about 200 users active per day. I just checked and 89 of them have been active in all previous 5 days. We have a few outspoken believers in the concept (< 10). We just solicited feedback from our base and got only 20 responses, so probably could do better there.
- akharris 11y agoGot it - is it growing? How quickly?
- chejazi 11y agoJust generated this graph: http://imgur.com/iqnaGem http://imgur.com/iqnaGem We had 38 signups yesterday, grew ~44% in the last 30 days. EDIT, mathfail: grew 79% in the last 30 days.
- akharris 11y agoCool. Is your transaction volume growing at the same rate?
- chejazi 11y agoHere's a graph of the transaction volume: http://imgur.com/ScNqb4I http://imgur.com/ScNqb4I The big spike in the beginning was before we implemented fraud checks (eg, users directing botnets at the shortlinks). Since then, the transaction volume has been growing at a similar rate, at 70% growth in the past 30 days (compared to 79% user growth).