2016 Could Be Bitcoin's Best Year Yet
2015 was another rollercoaster year for bitcoin: incredible amounts of infrastructure development, lots of talk about ‘the blockchain’ and the fierce scalability debate, all against the backdrop of a crash to $150, which was followed by a high of $500 (so far). Let's reflect back on the ups and downs of bitcoin's financial history, and then we can look forward to the ride to come. Here's my condensed take on the financial history of bitcoin: This is the pre-history of bitcoin-the-currency, as there’s hardly even a price for the tokens generated by the bitcoin software. A lot of technical....
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2016 has been an exciting year for cryptocurrencies. With most of the major open-source currencies showing growth this year and with some expected to see significant expansion in 2017, 2016 reflects a loss of faith in traditional money systems in light of the global populism trend and a growing confidence in the underlying technologies in play for crypto transactions. As the year comes to an end, CoinDesk took a moment to look at the best-performing cryptocurrencies by market capitalization for the year and the factors that affected the markets throughout the year. For the sake of this....
2016 is shaping up to be a big year for Bitcoin – but of course that has been true of every year since the cryptocurrency’s creation. Bitcoin.com polled its team and asked this simple question: What does 2016 hold for Bitcoin? Here are our answers. The last seven years have seen all the ground work laid for Bitcoin adoption. Tens of thousands of....
2016 has been a very exciting year, typified by a near constant demand for bitcoin wallets, a near doubling of its global market price, and the Bitcoin halving this past summer. 2017 looks like it can be the Bitcoin’s best year ever, but before we put 2016 into the history books, let’s review where we’ve been this year before we step into Year Nine of the decentralized digital currency age. Feel free to use this as a Bitcoin historical reference for where the community has been, through the years. Here are the top ten most-viewed and shared stories of 2016, not according to us, but....
Who would have thought 12 months ago we’d be looking at bitcoin valued over 900USD today? Greetings traders and friends, 2016 has been a great year for those of us holding bitcoins. You can use bitcoin in more places, they have more purchasing power and you can now use bitcoins to grow your portfolio in many more ways. As an example, you can buy twice as much company stock with bitcoin today than you could with your bitcoins in January of this year. Who would have thought 12 months ago we’d be looking at bitcoin valued over 900USD today? 2016 has been a big year for bitcoin, First Global....
The bitcoin industry is still early in its stages of development, which means that there is much to look forward in the future. The future of the bitcoin industry is bright for the year 2016, which is not surprising when considering the price of bitcoins has been skyrocketing quite quickly. In the past year, the price of the bitcoin went from $230 in September to over $480 by the early part of November. These numbers are impressive and it looks like this will continue to be the trend throughout 2016.