here is the graph that I saw linked, that I used: http://banana.mine.nu/daysdest.html http://banana.mine.nu/daysdest.html the scale appears to exceed 110,000,0

here is the graph that I saw linked, that I used: http://banana.mine.nu/daysdest.html http://banana.mine.nu/daysdest.html the scale appears to exceed 110,000,000 - I don't believe that it is a percentage. I understand the desire to remove the noise of transfers that are not actual economic activity, but I think this is a poor way to go about it. With bitcoin it is almost as if you had the ability to record every time a dollar bill went into a pocket. Sure, some of that is economic activity but it can also just be someone changing their pants. Even if economists had that data available they'd likely still rely on the business and financial institution reports to gauge economic activity. In this way raw BTC volume is a bit of a red herring, at least until you can produce a good view of economic activity and see how it relates to BTC volume or BTCdd. As BTC continues to have an unstable price, a large percentage of the real economic activity will include exchanges for other currencies or value stores. Since exchange volume is quite centralized, you'd only need to have the cooperation of a few exchanges (you'd want to filter out traders) to gain what would probably be a rather accurate picture of real economic activity in bitcoins.