In April we announced that CoinDesk would be publishing State of Bitcoin updates on a quarterly basis. Given the positive response we have received since 2014’s first report, we are pleased to release our latest update.
This State of Bitcoin Q2 report focuses on data and events in the second quarter of 2014 through to the present day. Here are some of the highlights.2014 Q2 report highlights
Bitcoin’s price continues to be a key focus.
Some people, including Stanford Professor Susan Athey, have argued that there has been too much emphasis placed on bitcoin’s price. However, looking at the top 10 most read stories on CoinDesk during the second quarter, we see four are about bitcoin price action (Figure 1).