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Approximately 100k Bitcoin-Accepting Merchants Forecasted State of Bitcoin Q2 2014

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Approximately 100k Bitcoin-Accepting
Merchants Forecasted by Dec 2014
R2 = 0.9704
Total Merchants Forecasted Merchants
100,000
80,000
60,000
40,000
20,000
Sources and notes: total current merchants based on data from Coinbase and BitPay. Historical Coinbase data provided by
BitcoinPulse.com. BitPay historical data between new merchant press release announcements of 10,000 (16th Sept 2013), 20,000
(13th Jan 2014) and 30,000 (28th May 2014), respectively, calculated using linear interpolation.
State of Bitcoin Q2 2014 44

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