Does Bitcoin's Price Affect Business?
Have you ever wondered if the price of bitcoins affects bitcoin business? Could this be a reason for businesses not to accept a volatile currency? Do sales plunge when the price drops? I started doing a little investigating into whether it does or it doesn't, and I was somewhat surprised by the answer. Transaction volumes have stayed in the $50 million....
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Both Bitcoin buyers and sellers attention on the market is always focused on the cryptocurrency price. This is a defining factor that empowers traders to makes decisions on whether to buy or sell Bitcoins. Every day, experts make forecasts about the price based on fundamental or technical analysis and market players are closely following any news that may affect the price and value of Bitcoin. In this article we will try to understand what factors affect the growth or decline of Bitcoin price rates. But first, let us recall what represents the price of Bitcoin. Bitcoin has value for....
Promoted: Though Bitcoin is apolitical, it's clear that the price of BTC will be affected by the recent U.S. Presidential Election. The post How Will The U.S. Presidential Election Affect The Bitcoin Price? appeared first on Bitcoin Magazine.
Back in May, Bitcoin.com received some intriguing answers when we asked a bunch of cryptocurrency enthusiasts what they would do if one bitcoin reached a value of $10,000 USD. Now, in yet another installment of ‘Bitcoiners Respond,’ Bitcoin.com asked how will the approaching block reward halving affect BTC price. The latest question was asked on various....
The Electronic Frontier Foundation explained their position in regards to New York's proposed BitLicense on Wednesday, and the organization that is known for defending individual rights on the Internet did not have many kind words to say about the possible regulations. Also read: Bitcoin Foundation Condemns Lack of Transparency in New York BitLicense. The point of the post by the EFF was to reach out to their community and find people who would be willing to sends comments to the New York Department of Financial Services. Rainey Reitman, the author of the post on the EFF's website, made it....
Regulation as it concerns bitcoin has been dominating the media cycle recently. We've had the US government meeting with representatives of the Bitcoin Foundation. In the UK, regulators have been meeting with companies trying to make determinations about a framework for operating in the realm of bitcoin. And companies like Tradehill have suspended bitcoin operations pending further notice because regulatory issues have been opaque regarding decentralized virtual currencies. Yet in the past month, this uncertain environment has not deterred the volume of trading on bitcoin markets. Despite....