Published on August 16th, 2015 | by bitcoin0
Dark Web Reports They Processed More Bitcoin than BitPay Last Year
Marketplaces on the dark web frequently processed more bitcoin transactions than BitPay last year, new research has found.
The bitcoin merchant processor’s self-reported annual total, $158.8m, would produce a daily average of around $435,000.
Mixers, gamblers, thieves
Swanson came out with his best guess at the flow of money through the bitcoin ecosystem in April.
In actuality, bitcoin transaction volume that takes place ‘on-chain’ is dominated by a whole host of other services.
A study from Kristov Atlas released last September found that 2.6% of the 20,000 bitcoin transactions in his sample fitted the profile of SharedCoin transactions.