Bitcoin

  • Is Bitcoin a dying digital currency?
  • The price of Bitcoin soared from $10 to $1,150 back in 2013. Then its value started to crash, falling to less than $200 by the start of this year. At the moment, one Bitcoin is worth around $236. So what is going on with the digital currency? Does it have a future? Let's take a closer look… Using Bitcoin At the moment, if you want to use Bitcoin, you buy it with a currency like... ››› more
  • [30 September 2015]
  • Good news for Bitcoin as Barclays make a move to accept deposits in the digital currency
  • One of the UK's biggest banks and major stakeholder in Barclays Africa, Barclays Plc, made an announcement last week about accepting Bitcoin deposits. The banking group has decided that it will allow people to make donations using the digital currency. So how will this work? And what does it mean for Bitcoin? Let's take a closer look… Barclays’ plans with Bitcoin Barclays is ... ››› more
  • [11 September 2015]
  • Is Bitcoin rivalling gold as a new safe-haven investment?
  • If you're a follower of Bitcoin, you may have noticed that its price has been climbing. This rise in price has coincided with the Greek debt crisis. So is there a link between the price of Bitcoin and the situation in Greece? Let's take a closer look… The price of Bitcoin has been climbing At the end of June, Bitcoin made a strong move upwards, just as the crisis in Greece deepen... ››› more
  • [13 July 2015]
  • How to buy and sell using Bitcoin
  • Over the past couple of years, Bitcoin has made the headlines. And Bitcoin has had its fair share of scandal too. Yet Bitcoin may be mapping out a future for digital currencies. If you fancy buying goods with them or even receiving Bitcoin for services you've provided, how do you do it? Read on to find out… How you can get your hands on Bitcoin There are three ways you can own ... ››› more
  • [29 June 2015]
  • Could one Bitcoin eventually be worth $1 million?
  • Over the past few years, there have been many predictions as to what the price of Bitcoin could eventually reach. After hitting highs of over $1,200 a coin in 2013, Bitcoin is now trading around $242. A significant drop in price. But some Bitcoin experts believe the value of one Bitcoin could rise to $1 million. Is this achievable? Let's take a closer look… The ‘market cap’ of... ››› more
  • [25 June 2015]
  • A 70% drop in two years: The one investment you can't afford to get into
  • I told you, I told you, I told you. Bitcoin is terrible and you need to avoid it! Last year, I wrote about how bitcoin was on its way to failure. And, the trouble for this currency continues to stop its ability to grow. Guess what the worst performing currency against the dollar was last year? Bitcoin! The crypto-currency peaked in late 2013 trading at around $1,150. Since then, it has swi... ››› more
  • [08 April 2015]
  • What's in store for the price of Bitcoin?
  • The price of Bitcoin has certainly been on a rollercoaster ride over the past year or so. After shooting up 8,500% in 2013, by January this year it was down 85%. So what lies in store for the price of Bitcoin after its bubble burst? Let's take a closer look… Bitcoin is now finding its true value A good comparison with what happened with the Bitcoin price is to look at the US housi... ››› more
  • [13 March 2015]
  • The one major factor standing in the way of Bitcoin's success
  • Bitcoin has amazing potential. It has the potential to revolutionise so many aspects of the finance world. But there is one problem with Bitcoin. And that's the volatility of its price. Let's take a closer look… The price of Bitcoin continues to bounce about Since its launch, the Bitcoin price has been on a roller coaster ride. Just have a look at the chart below. This shows th... ››› more
  • [12 February 2015]
  • A major step forward for digital currencies: A US-licensed Bitcoin exchange
  • At the beginning of last week, a major step forward in the evolution of digital currencies happened. That is, the launch of the Coinbase Bitcoin Exchange, the first licensed exchange for the digital currency in the US. So what does this mean for Bitcoin? Read on to find out… The launch of the Coinbase Bitcoin Exchange Last Monday, the Coinbase Bitcoin Exchange launched in the U... ››› more
  • [06 February 2015]
  • Why digital currencies, like Bitcoin, are here to stay…
  • We are on the cusp of a revolution with money. Thanks to the introduction of digital currencies, the global economy, the financial system and the ways payments are processed are going to change. Digital currencies have the scope to slash financial fees, allow people to use their money without the need for a bank account and bring about a new way for transacting around the globe. And with... ››› more
  • [05 February 2015]
  • Want to give Bitcoin a try? Here's how you can do it…
  • The world of Bitcoin hit the headlines last year. Its price was a big talking point as well as some scandal. This year, the price of Bitcoin remains down after tumbling over 60% last year. But this also means that you can get your hands on Bitcoin for a lot less than you previously could. The potential for Bitcoin and its technology is vast. It's just going to take time for more people to us... ››› more
  • [30 January 2015]
  • What's so special about Bitcoin?
  • The price of Bitcoin has had it tough over the last year. But just because the price is down, it doesn't mean that there isn't amazing potential with the digital currency and the technology it uses. So what is so special about the technology that Bitcoin uses? And how can you get your slice of the action? Read on to find out… The special thing about Bitcoin is the blockchain The t... ››› more
  • [29 January 2015]
  • Bitcoin: What happened in 2014 and what lies ahead
  • In its short life, 2014 was by far the worst year for Bitcoin. The digital currency shed a massive 67%. That means it earns the worst performing ‘currency' award of last year. So far, 2015 isn't looking much better for Bitcoin. Two weeks ago it plummeted another 47% to $170. Now it's back around $265. Let's take a closer look at what's going on and what may lie ahead… What happened... ››› more
  • [28 January 2015]
  • [Infographic] Everything you need to know about Bitcoin in a nutshell
  • There's no denying that digital currency, bitcoin, has taken the world by storm. Not just as a trading mechanism, but as a viable investment opportunity too. But many investors are still sceptical about the currency and how it works. In the infographic below, we reveal the ins and outs of bitcoin including how it works and how you can use it to make serious money in 2015. To sha... ››› more
  • [06 January 2015]
  • WARNING: Bitcoin is doomed for failure
  • We all get excited when new technology arrives on our doorstep. But, not all new digital platforms will end up surviving. Take Bitcoin for example, the media describes Bitcoin as the currency of the future... I think not! It's a currency destined for disaster. You see, Bitcoin is a digital currency (Cryptocurrency). The transactions take place between users, directly via a comput... ››› more
  • [20 November 2014]
  • Now you can store your Bitcoin in a South African wallet…
  • This week saw the arrival of the first Bitcoin wallet developed in South Africa. The wallet's main focus is its ease of use whether you're new or experienced when it comes to Bitcoin. And it looks like it has hit the mark with its appealing interface. Let's take a closer look at this latest Bitcoin development in South Africa… A proudly South African Bitcoin wallet BitX has just l... ››› more
  • [19 November 2014]
  • Could a Bitcoin stock exchange become a reality?
  • The CEO of NASDAQ-listed Overstock.com recently launched a wiki page to explore the idea of a Bitcoin stock exchange. Patrick Byrne came across 13 other groups working on similar ideas. He's now created a division within his company to drive this idea from a dream into a reality. So what's the idea behind the Bitcoin stock exchange? And what would be the advantages of such an exchange? L... ››› more
  • [23 October 2014]
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