Forget Price, Here’s How Bitcoin Really Performed in 2014
Some of the folks at BitPay have just released the stats of 2014's Bitcoin performance – the numbers that get less fanfare than the price, but are no less indicative of the currency's prospects. Aggregated and hashed are: Countries with highest use. Big-name merchant acceptance. Trading volume. Number of active wallets. Venture capital investment. Overall merchant adoption. Bitcoin is used all over the world, but there are some areas that see higher concentrations of activity. The five countries where Bitcoin is used most are the United States, the United Kingdom, Canada, Germany, and the....
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Ukraine's political problems and de-facto war with Russia hit the value of the national currency badly in 2014. But the hryvnia, so Ukraine's national currency is called, wasn't the worst currency of 2014, but only the second worst. The worst currency of 2014 was Bitcoin. But the march of Bitcoin continues - the less Bitcoin is seen as a speculative currency, the easier is to realize the real unique advantages of Bitcoin and to spot potential killer apps, and the easier it will be for Bitcoin to gain momentum as a technology. That's why we should forget Bitcoin price and bet on Bitcoin....
Here's what we are looking to trade in the bitcoin price for this fresh week of trading out of Europe It’s Monday morning, and we are about to kick off a fresh session out of Europe. Action over the weekend – as is becoming the norm – gave us plenty to discuss, and we’ll be using some of the key levels to carry forward into today’s bitcoin price strategy. Things were a little slow last week and on more than one occasion we had to bring our scalp strategy into play, with a narrowing of our standard range, and a short, sharp breakout approach for a few dollars here and there. This isn’t....
So, it happened. After some time moving in a narrow range in the low $300s, Bitcoin price has plunged below $300. This new Bitcoin price crash at the beginning of 2015 is is a continuation of the downward trend of last year - in 2014, Bitcoin has been the worst performing currency in the world, as far as the price charts are concerned. Though, if you just open your mind to a 14-month window instead of a 12-month window, Bitcoin Price has performed much better. Try to keep this in mind. The year-end status of Bitcoin Price is very bad news for speculators, especially for those who purchased....
Bitcoin is the talk of financial media, and has even spilled into the mainstream. Celebrities, CEOs, and just about anyone with a voice box is talking about crypto and speculating just how high Bitcoin could go this year. And while the bull market has potential to run much higher throughout the year, its the long-term […]
So which altcoins performed the best last week? We've been so caught up with bitcoin's rising price following its big headline in The Wall Street Journal and the third (and possibly final) US Marshals Service bitcoin auction, which saw to another 50,000 bitcoins once belonging to alleged Silk Road mastermind Ross Ulbricht being desired and ogled at by a bunch of crypto-enthusiasts waiting to place their bids. Sometimes bitcoin just takes up so much time and space that we forget about the "little guys" on the side; guys like litecoin, darkcoin, dogecoin and other altcoins that operate....