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If you look at transaction number and volume it has been basically constantly rising, so I'm not really sure what you're on about. "Haven't replaced all other c

• PeterisP 7y ago
  Some 2 years ago quite a few services and shops were trying out bitcoin and offering it as an actual option for real-world payments. This trend has reversed, new offers are very rare and many companies who offered it in 2017 don't support it any more, as for any 'normal' business the amount of Bitcoin transactions they got (wherever I've talked with them) was extremely low after the initial buzz at launch. The current number of transactions is not constantly rising. The current short term trend (https://bitinfocharts.com/comparison/bitcoin-transactions.html https://bitinfocharts.com/comparison/bitcoin-transactions.ht...) is downwards. It's now about the same or less than it was in peaks of 2017 and early 2018, and whatever the growth in 2018-early 2019 was made of, it doesn't seem to be in consumer purchases of goods and services (i.e. being used as a currency).
  • faissaloo 7y ago
    Sure, because it's still unstable, as more and more people use it the price will become increasingly stable.
• dagw 7y ago
  If you look at transaction number and volume it has been basically constantly rising, I wonder what percentage of those transactions are generated by people trading in cryptocurrencies vs them actually being used as a 'currency'.