30 Dec '12, 4pm

Best Currency In 2012, up over 200% - Seeking Alpha #forex #euro #dollar #finance #bitcoin

2) The "bitcoin economy" finally started to gain serious traction 2012. With awesome merchant services like bitpay.com (and others) accepting bitcoin payments (while getting payouts in regular fiat currencies) it is much easier than as ever before; and with companies like bitinstant.com which allows you to purchase bitcoins for cash at 700.000 locations, in places like Walgreen's, buying bitcoins has never been easier. Serious stores like bitcoinstore.com which allow you to buy your next computer or tablet directly with bitcoins are also coming of age. As a result of all this, the average number of daily transactions has exploded from about 3,500 transactions/day (worth $500,000/day) a year ago to 40,000 transactions/day now (worth $3,000,000/day).

Full article: http://seekingalpha.com/instablog/530678-minorman/1409731...

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