Quote from: Wary on September 03, 2014, 10:59:34 AM

Quote from: solex on September 03, 2014, 10:47:42 AM

Wary.
Don't forget that SatoshiDice started in April 2012 and kept growing until it was doing about 70% of the volume a year later. Each bet was a transaction pair in the blockchain, and some people were even using bots! Fee increases and SD internalization got rid of most of its volume by about July 2013. So the growth since then is much more of a "real world" business flow. Still, some spam-like volume coming from betting sites.

I can't see traces of this in the chart. Maybe because it's "excluding popular addresses"?

Yes, that's probably why that option is available.

However, other business is missing, like btc purchases on Overstock from Coinbase account holders.

Quote from: klee on September 03, 2014, 10:58:35 AM

This is NOT decentralised though - problem is that we need micropayments in a networked economy and BTC is hostile for this.

Micropayments need to be off-chain until they reach a threshold which would be time or value based, then a summary transaction gets done on the blockchain.
Trace Mayer was on Keiser Report yesterday describing how this would work for oil sales, by charging per-barrel as it flows through a pipeline.
https://www.youtube.com/watch?v=Fyr8l9TPcLw (2nd half)