News on the Bitcoin front has been quiet lately. This seems to coincide with a drop in the price of the digital currency.
But just because Bitcoin isn't making the headlines, it doesn't mean there isn't a lot going on with it.
Let's take a closer look at what's going on…
Money is pouring into Bitcoin
There are strong signs that many investors can see the future potential of Bitco... ››› more
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
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
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
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
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
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
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
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
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
Go back just 18-months and the number of people who knew about Bitcoin was small. Fast forward to the present, and the vast majority of people know about this digital currency.
Bitcoin is gaining traction. The amount of investment money going into it and the projects surrounding it are growing at breakneck speed.
But if you want to put some rands into Bitcoin, where do you start? How do you ... ››› more
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
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
By December, we could see the world's first Bitcoin initial public offering (IPO) on the Australian Stock Exchange. This could be the first steps in a wave of other Bitcoin companies listing over the coming years.
So what Bitcoin stocks already have listings? And what stocks look likely to list soon?
Let's take a closer look at what's going on and what this means for Bitcoin…
Bitcoin... ››› more
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
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
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