The Bitcoin price is under pressure again. It looks like Bitcoin is continuing on its volatile journey.
But it's not surprising the price of Bitcoin is so volatile. It's a new technology and people are struggling to place a value on it.
Bitcoin's rollercoaster ride hasn't deterred those who see its full potential. In fact, the ‘ecosystem' surrounding Bitcoin is booming.
Let's take a clo... ››› more
The Bitcoin price may well be off its highs of last year, but one thing is for sure: Many in the business world see the potential of this digital currency.
Venture capitalists are putting money into it. And companies are springing up to capitalise on the growth of Bitcoin.
Let's take a closer look at what's going on and what it means for Bitcoin…
Investment into Bitcoin is gaining mo... ››› more
Bitcoin is currently sitting at $325. From November last year, that's a drop of over 70%. On the other hand, it's double the price it was a year ago.
So what's in store for the price of Bitcoin? Is it never going to recover?
Let's take a closer look…
Chances are the price of Bitcoin is going to fall further over the short-term
Between October and November last year, the price of B... ››› more
If someone had said to you a couple of years ago about using a digital currency to pay for goods, you might have dismissed the idea.
But Bitcoin is now growing in popularity and the idea of using a digital currency is no longer such a strange concept.
With Bitcoin the most popular digital currency out there, what would be the advantages of using it?
Let's take a closer look…
Bitco... ››› more
Bitcoin is really starting to take the world by storm. It's displaying all the signs of going mainstream.
As more people adopt it, this will lead to even more people using it. Bitcoin has the potential to change the banking system and the way regulatory authorities conduct their business.
But the question is, can you trust it?
Let's take a closer look…
The advantages of Bitcoin
... ››› more
Just last month, a rare Ferrari fetched a record-breaking sum for a car at auction.
So are classic and rare cars a good alternative investment for your cash?
Let's take a closer look at the top sellers and whether you should consider investing in classic cars…
The three top selling classic cars at auction
A 1962 Ferrari 250 GTO Berlinetta
In August, this car netted a huge $38.1 m... ››› more
Over the last couple of months, the price of Bitcoin has struggled somewhat.
Some analysts put this down to the number of people mining the digital currency and selling it on straight away.
Adding to this flood of Bitcoin to the market are merchants. Instead of holding onto Bitcoin, they're turning them into real cash.
These two factors are putting downward pressure on the price, but it ... ››› more
If you watch the price of Bitcoin, you'll have noticed that it's fallen 29% in just two months.
From the beginning of July, Bitcoin was trading on the CoinDesk Bitcoin Price Index at $647.34. By mid-August it had dropped to $460.67.
Today, it's trading at around $488.66.
So why has the price of Bitcoin fallen? Is this digital currency falling out of favour?
Let's take a closer look…... ››› more
In January, the US saw its first state legalise the recreational use of marijuana. Washington quickly followed suit.
With this legalisation of the use of marijuana comes stocks that specialise in the drug.
And it looks like there's big profits to make from the cream of the marijuana stocks.
Let's take a closer look at what's going on…
The marijuana industry is showing rapid growth... ››› more
If someone mentions diamonds to you, chances are you'll think about diamonds that come from the mining process.
Specialist companies can manufacture diamonds too. Generally these types of diamonds are for use in industrial sectors.
But in the early 2000s, a whole new type of diamond manufacturing came about…
Having a keepsake of a loved one
If a loved one dies, it’s natural to w... ››› more
Before you can even think about buying Bitcoins, you need to have somewhere to store them. For this you need a Bitcoin wallet.
There are four different types of Bitcoin wallet available. So what are the differences? And how safe are each of them?
Let's take a closer look…
Bitcoin wallet #1: Desktop wallets
Desktop wallets don’t depend on a third party service, so that can be adv... ››› more
There are a lot of similarities between Bitcoin and the discovery of gold.
The gold rushes that ensued discoveries of the yellow metal led to furious mining. Those that got in early made a lot more money than those who were slower to get in on the action.
You can say the same for those who got into Bitcoin mining in its early days.
So what can you learn from the parallels between gold mi... ››› more
As a digital currency, Bitcoin is growing in popularity. But Bitcoin has had its fair share of controversy. This includes the theft of Bitcoin.
So if you're seriously considering getting into Bitcoin, how can you ensure that your Bitcoins are safe?
Read on to find out what you need to do…
Buying into Bitcoin
Just last month, South African payment processor PayFast announced that i... ››› more
Using digital currencies as a means of paying for things may have you terrified. But the good news is, you don't have to be.
Using digital currencies like Bitcoin is actually not as difficult as you might believe. And it's also a lot safer to use than you might think.
So if you're desperate to start using Bitcoin, how do you start?
Read on to find out…
The ins and outs of getting ... ››› more
The interest in Bitcoin is rapidly growing. In the US this year alone, six new Bitcoin hedge funds have appeared.
So what does this tell us about Bitcoin? Does it indicate that the future is looking good for the digital currency?
Let's take a closer look…
Big investors are ploughing money into Bitcoin funds
The launch of so many Bitcoin hedge funds this year is a very strong indic... ››› more
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