Two Words That Explain the Price Movements of Bitcoin
The price of bitcoin increased yesterday following the news that PayPal would integrate the digital currency into its services for merchants. However, the price is still down approximately 50% compared with the start of the year. Everyone in the bitcoin space is now looking for answers as to why the price has dropped so much from its $1,100 peak in December 2013. In the absence of any new specific information, the simplest answer is the best, and can be summed up in two words: asset allocation. Simply put, there have been better places to invest since the price started dipping from a....
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In the last week we have witnessed sell orders of more than 1000 bitcoins at a time pushing the Bitcoin price downwards. The Bitcoin price has fallen from a stable 590 USD per Bitcoin (August 10th) to now 450 USD per Bitcoin. There have been no recent negative news or happenings that could explain the big sell offs, and one might start to wonder. I've recently written a few theories of why the Bitcoin price has crumbled while Venzen wrote about BitFinex' "shorting" function. The Bitcoin price has still been falling today with more than 50 USD per Bitcoin. Is this Tim Draper getting cold....
Bitcoin is a complicated subject, it really is, that's why it may sound so unfeasible if whenever you try to explain it to someone, or someone tries to explain it to you. As the old saying goes, a picture is worth a thousand words, and a video is worth 24 pictures per second! With that in mind, we have scoured the web in search of explanatory videos, infographics and podcasts to help you get a better understanding of Bitcoin. Videos. The Khan Academy. The famous E-learning institution has a course on Bitcoin (which we've already featured). The course is split over nine videos between nine....
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New crypto words are being enshrined into the book of language. Since Merriam-Webster has validated a number of internet catchphrases and colloquialisms the modern youth today coin by including them in the dictionary, language elitists will have to get pretty chill with them fast. Merriam-Webster has recently added 370 new words to its lexicon, which, for […]