CoinDesk have produced their 69 page "state of Bitcoin" Q3 report. It makes for pretty interesting reading on the back of the recent fall in the price of Bitcoin.
This article will run through some key findings from the new report, which focuses on data and events in the third quarter of 2014 up to the present day. Overall, this quarter could be characterized as a ‘Tale of Two Bitcoins’. On the one hand, significant bitcoin venture investment continued and much progress was made in furthering adoption, particularly in bitcoin’s use as a medium of exchange. On the other, there was a steady erosion in the price of bitcoin throughout the quarter (Slide 10), which was further punctuated by a sharp plunge of roughly 20% at the start of Q4.