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Bitcoin

Bitcoin

Falling Bitcoin Price a Casualty of Software Civil War

The Bitcoin price is getting hammered as a result of a contentious and emotional debate over Bitcoin's future.

As the debate over the best way to scale the Bitcoin network to handle the ever-increasing number of transactions has escalated, the Bitcoin price has plunged. It's down 21% since July 28.

As long as this fight continues, the price of Bitcoin will suffer.

Here's why this has gotten so ugly, and what will happen next...

bitcoin

Bitcoin's Future Faces Grave Threat from Software Civil War

Bitcoin's future is more at risk now than at any time in its six-year existence.

A civil war has erupted over the best way to scale the digital currency to handle a larger number transactions.

The impasse has put Bitcoin's future in doubt. If its users split apart now, with Bitcoin in its infancy, it will undermine trust and discourage adoption – potentially smothering Bitcoin in its crib.

Here's what this dispute is all about...

Penny stocks

Investing in Bitcoin Penny Stocks: Beware of These Pitfalls

Bitcoin penny stocks may not be an ideal way to invest in Bitcoin, but if you're looking for equities in this category, your options are limited.

For sure, there's no shortage of Bitcoin companies, but few are publicly traded. And those that are publicly traded are penny stocks.

Even so, the potential rewards of investing in Bitcoin penny stocks make it worth the risk for some.

Here are seven Bitcoin penny stocks you can buy now...

Bitcoin

Is Bitcoin a Ponzi Scheme?

Even before digital currency landed on the public's radar in 2013, people have been asking, "Is Bitcoin a Ponzi scheme?"

Many of Bitcoin's critics are convinced the answer is yes.

The collapse of the Mt. Gox Bitcoin exchange in February 2014 had many announcing that not only was Bitcoin a Ponzi scheme, but also that it was finished.

Here's why they're wrong...

Bitcoin

Gemini Bitcoin Exchange from the Winklevoss Twins Is One Step Closer to Launch

The Gemini Bitcoin exchange, another Bitcoin-related Winklevoss twins project, took a major step forward last week.

Cameron and Tyler Winklevoss filed an application with the New York State Department of Financial Services (NYSFD) for the Gemini Bitcoin exchange to operate as a trust company.

Here's why the Gemini Bitcoin exchange matters...

Bitcoin

Bitcoin Value Today Surges on Buying from China

The Bitcoin value today jumped 8.5% in 90 minutes as buying on Bitcoin exchanges in China surged.

The surge sent the Bitcoin price from $269.11 to $291.98, fell back to the mid-$280s then surged again to $295. That's the highest level for the price of Bitcoin since mid-March.

Here's why China is buying up Bitcoin faster than ever...

bitcoin

The Real Bitcoin Price-Greek Debt Crisis Connection

Over the past week, the Bitcoin price has made is strongest move to the upside in three months – a move that took place just as the Greek debt crisis escalated.

But are these two events a true cause and effect?

Here's why the Greek debt crisis is behind the rise in the price of Bitcoin - but not in the way you might think...

bitcoin

How to Buy Bitcoins with Cloud Mining

Of all the ways how to buy bitcoins, cloud mining may be the most unusual.

With Bitcoin cloud mining, you don't buy bitcoins or the actual hardware used to "mine" it. You buy a contract for a certain amount of mining power, known as "hashing power" for a certain period of time.

While it can be risky, cloud mining does have a romantic appeal. Here's what you need to know...

Bitcoin

Universe of Where to Buy Bitcoins Is Rapidly Expanding

Where to buy bitcoins is one of those chicken-and-egg issues that has slowed the broader adoption of the digital currency.

Now imagine if places where you can buy bitcoins were as common as bank ATMs or convenience stores.

In some countries, people don't have to imagine it.

That's because they can buy bitcoins from tens of thousands of locations right now...

bitcoin

Looking for a Bitcoin Stock Symbol? We've Got Them All

Looking for the Bitcoin stock symbol is not as straightforward as you might think.

Technically speaking, there's no such thing as a "Bitcoin stock symbol," although there are several tickers associated with Bitcoin.

So here are all the known Bitcoin stock symbols - those associated with the trading of the digital currency itself as well as related investments.

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