Bitcoin in Review: Interesting Trends in Q1 of 2015
One of the main concerns about Bitcoin is whether or not the digital currency is getting mainstream traction. Even though Bitcoin has only been around for little over six years, it seems like its infantile stage is a thing of the past. However, that is not a guarantee for mainstream adoption in the near future. Up until a few months ago, most people....
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One of the things we all want to know more about is how Bitcoin is faring in various countries around the world. With most of the Bitcoin-related efforts focusing on the US and Canada, the rest of the world seems to be neglected at times. But that doesn’t mean Bitcoin isn’t thriving around the world, as a recent interim survey report from BitcoinsInIreland tells us. Bitcoin Around The World: Number Crunching. Do keep in mind this is just an interim report, as the final results of the survey conducted by BitcoinsInIreland will be published in June 2015. However, the numbers we have received....
The goal of this article is to review the growth of Bitcoin as a whole over 2015 compared with 2014. This article will be broken down into months, covering January-December. Bitcoin’s price over the months will be explained simply rather than in-depth for the sake of brevity. I hope you enjoy a review of 2015! Before jumping into 2015, we will establish some key facts that will be revisited at the conclusion of the article. These statistics will be very important for calculating Bitcoin’s growth over 2015 and will allow us to make predictions about how Bitcoin might progress over 2016.....
The Technology Review, published by the folks at MIT here in Massachusetts have posted an interesting infographic on bitcoin. One subsection in particular we found interesting (CoinDesk published this first and it caught our attention). It has to do with the bitcoin spending, and according to research conducted by MIT, New bitcoins are now more likely to be spent than hoarded by speculators. The data ranges from 2009 through 2013, and indicates that the majority of bitcoins purchased today are spent within 24 hours. By comparison, in 2009, the majority of bitcoins acquired were hoarded.....
With the end of the week already here, it means it's time for another Bitcoin News in Review, where we feature some of our top stories here on CryptoCoins News. This week, we learned the results of the Silk Road bitcoin auction, saw interesting trends in the price of BTC, saw the author of bit gold break his long silence, and more. Check out this Bitcoin News in Review after the break. Silk Road Auction Winners and Losers. The results are in. The U. S. government recently auctioned off the ~30,000 bitcoins it seized from Silk Road, with the final bidding ending on June 27th. Firms such as....
The goal of this article is to review Bitcoin’s growth as a whole, and discuss key events that happened in each month, and attempt to predict what we can expect 2015 to be like using 2013 and 2014 as years of comparison. This article will be broken down into months covering January- part of December. Bitcoin’s market will be explained simply rather than thoroughly analyzed. I hope you enjoy this article as we review this action-packed year for Bitcoin and look into what the future might yield. Before jumping into 2014, we will establish some key facts which will be revisited at the....