Bitcoin in 2014 by the numbers

Some say Bitcoin is falling. But the numbers show otherwise…

Transactions: strong increase. According to Coin Cadence, 25,263,720 Bitcoin transactions happened in 2014. That’s almost half of all transactions since the birth of Bitcoin in 2009, and an increase of about 30% over 2013. There was 1 Bitcoin transaction occurring every second during December 2014.

Bitcoin addresses: doubled up. According to Blockchain.info, the number of unique Bitcoin addresses used per day almost doubled up during 2014. Around 120,000 addresses were used at the beginning of the year, and more than 200,000 in average in December. The all-time highest number of Bitcoin addresses (245,004) was also reached in December 2004.

Start-ups: strong investment. Venture Capital funding for Bitcoin startups tripled in 2014, says CoinDesk: “Bitcoin firms raised $314.7m in 2014, a 3.3-fold increase over the previous year, in which $93.8m was invested”.

Bitcoin ATMs: huge increase in number. Bitcoin ATMs installed worldwide went from 4 machines in January 2014 to 342 in December 2014, according to Coin ATM Radar. During the last weeks of 2014, there were 1.58 Bitcoin ATM installed per day on average.

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