Chainalysis: 80% Drop in Bitcoin Payments

Research by Chainalysis in 2018 was published by Reuters. The research published by the Reuters news agency showed that the use of Bitcoin in commercial payments decreased by 80% in 2018 and decreased by 80% compared to 2017. The loss in commercial payments was “too much” due to the constantly different price process and the extraordinary changes in its price. It is expected that the loss of value experienced in the process will increase much more in the future. While the future increase is due to the rise of cryptocurrencies, it is estimated that 80% of the losses in commercial payments will increase to 90% by the end of 2018.

Chainalysis: Bitcoin is not used

The Chainalysis research shows that in 2018 It is very natural for investors to rightly ask why there is a high drop, and how long it will decrease, since it is a large rate to explain that the use of Bitcoin has fallen by 80% for commercial payments. The reason for this is due to the inability to obtain precise data due to the fact that cryptocurrencies cannot be tracked completely.