>Bitpay says they processed 100m in transaction last year. That is false. Bitcoin price was around $100 most of the year. And in December it went to $1000/btc. And so they took $1000 and applied that to all the sales throughout the entire year
It is pretty much open secret amongst the bitcoin crowd. They didn't announce it of course. But next time you meet someone from bitpay, explicitly ask them how that $100m is calculated.
It's a statement in a press release with no details by a company widely believed to have fudged reported numbers in the past to look a lot more impressive.
I personally don't put much weight on it. I could see them saying the same thing if they had 1 >$1m day which we already know they had back in October 2013.
Did they say this, or are you just conjecturing?