2017 is an important year for Bitcoin. The Chicago Board Options Exchange (CBOE) launched the first bitcoin futures market. The New York Stock Exchange (NYSE) applied for two bitcoin ETFs, and the price of bitcoin rose by 1,300%. In 2017, the size of Bitcoin has not been neglected. As the value of Bitcoin has become higher and higher, the number of entities receiving Bitcoin worldwide has shown a considerable increase. Let's take a look at the relevant data.
Q1/17: slightly up 5.5%
According to Coinmap.org, on January 3, 2017, 8,207 entities accepted Bitcoin as a payment method for goods and services. On the last three days of the first quarter of March 28, 2017, 8,665 companies accepted Bitcoin. The number of companies accepting Bitcoin in the first three months of 2017 increased by 5.58%.
Bitcoin price data: a slight increase of 7%
On the first day of the year, January 1, 2017, the price of Bitcoin was $979.5, which is 13 times lower than the current price of $13,390. On March 31, the last day of the first quarter, the price of Bitcoin was $1,045.03. The first quarter rose by 6.9%.
Q2/17: The number of companies used has increased steadily by 5%.
On April 4, 2017, 8,682 companies accepted Bitcoin. On June 27, 2017, in the last three days of the second quarter, 9,143 companies accepted Bitcoin, and the number of companies accepting Bitcoin increased by 461, which is a 5.3% increase in the number of Bitcoin companies since the spring of this year.
Bitcoin price data: strong rise of 135%
On April 1, 2017, the price of Bitcoin was $1,069.78, and the price on the last day of the quarter was $2,519.27. Bitcoin prices increased by $1,449.49, equivalent to a 135% price increase.
In the first half of 2017: Bitcoin rose by 147%, and companies that started accepting Bitcoin increased by 11%.
In terms of portfolios, the first and second quarter data represented the first six months of 2017, during which time the number of companies receiving bitcoin increased by 11.4%. 936 entities use Bitcoin as a means of payment for goods and services. The average quarterly increase in the number of entities receiving bitcoin was 5.44%. From the first day of the first quarter to the last day of the second quarter, bitcoin prices increased by $1,501.1, or 147.43%.
Q3/17: Encrypted currency fever began, 8.5% gain
On July 4, 2017, 9,176 companies accepted bitcoin, and on September 26, 2017, it increased to 9,972, and the number of entities that used Bitcoin as payment method increased by 796, an increase of 8.67%.
Bitcoin price data: another wave of strong rises 74%
On the first day of the third quarter, the price of bitcoin on July 1 was $2,458.14, reaching $4,286.64 at the end of September. From July 1 to September 30, 2017, bitcoin prices increased by $1,828.5, equivalent to an increase of 74.38%.
Bitcoin rises and heats up
In the third quarter we began to see bitcoin prices and the number of companies accepting bitcoin increased more than in previous quarters. Rising prices mean rising demand, and events in the third quarter of this year have made the bitcoin market demand rise. The media began to report the amazing gains that investors received from digital currency investments, and the global media began to report bitcoin; Bitcoin appeared for the first time in a positive image compared to previous associations with money laundering and illegal drug sales. In addition, Bitcoin has reached a new historical high level, and news is like wildfire, which may affect a large number of people who think that they missed the huge bitcoin return, and decided not to miss the rich return of the relevant investment.
Q4: More and more companies accept Bitcoin, 12%
On October 3, 2017, three days before the fourth quarter, 10,040 entities accepted Bitcoin. On December 19, 2017, 11,291 entities accepted Bitcoin. The increase since the beginning of the quarter reached 12.4%.
Bitcoin price data: roller coaster, 224%
The number of companies that increased bitcoin payment support in the fourth quarter increased the most, adding 1,251 entities. Starting in the fourth quarter, bitcoin prices were $4,317.24, and on December 17, bitcoin prices reached an all-time high of $20,000, but in the last few days of the month, the cryptocurrency market encountered price corrections, The currency fell to $14,000. However, at the end of the quarter, bitcoin prices rose by 224.35% to 9,685.7900.
The second half of 2017: Compared with the first half of the year, the number of companies that are friendly to Bitcoin has almost doubled.
In the second half of 2017, the number of companies receiving bitcoin payments increased by 2,115, and from July 4 to December 19, the increase was 23%.
The number of companies that receive bitcoin every quarter is about 10.57%, almost double the quarterly increase in the first half of the year.
Price data: Bitcoin is the record-making currency
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