All Aboard the Hype Train: CoinMetro Smashes Q1 Growth Expectations

The American software company behind incredibly popular services like TurboTax, QuickBooks, Mint.com, and many more announced this week that they're hopping aboard the bitcoin train. In a post on the Lab Experiments section of the company's website, Intuit announced a new service aptly named QuickBook Bitcoin Payments - a new service that will allow businesses to accept bitcoins without ever having to create a bitcoin wallet or handle the bitcoins directly. "Small businesses just want to get paid. Cash is troublesome to keep track of, checks have lots of friction (writing, mailing,....

According to the latest Gartner Hype Cycle report, Blockchain technology is just about at the Peak of Inflated Expectations. Meanwhile, cryptocurrencies such as Bitcoin and related businesses like exchanges are further ahead in the Trough of Disillusionment. Peak Blockchain? Gartner has recently released its report Hype Cycle for Emerging Technologies,....

Over-hyped cryptocurrencies such as bitcoin are still in a period of "inflated expectations", leading tech advisory firm Gartner has found. As part of its 2015 'Hype Cycle' report on emerging technologies, it included cryptocurrencies among the sectors marked by "over-enthusiasm" and "unrealistic projections". Gartner's annual release - marketed at R&D teams - tracks the maturity of more than 2,000 nascent technologies on the road to mainstream adoption. It has five key stages that follow expectations over time: innovation trigger, peak of inflated expectations, trough of disillusionment,....

According to a report released by tech advisory firm Gartner, bitcoin and other cryptocurrencies are still in their hype but might be due to plateau in two to five years. The report included bitcoin in its sectors marked by "over enthusiasm" and "unrealistic projections". This annual release is marketed for R&D firms and tracks the maturity of more than 2,000 nascent technologies on the road to mainstream adoption. It makes use of five key stages that follow expectations over time: innovation trigger, peak of inflated expectations, trough of disillusionment, slope of enlightenment, plateau....

Yet another large online retailer is announcing their support for bitcoin payments. This time around it's the folks at Coastal.com, a NASDAQ-listed eyewear company established in 2000. The company announced Tuesday plans to begin accepting bitcoin in the next few months, making them the first major eyewear company in the space to do so. "As an e-commerce company, we're excited to see digital currency gaining momentum," says Roger Hardy, CEO of Coastal.com. "We're continuously looking for new innovative approaches in order to best service our customers." The company - like Overstock.com -....