The True Bitcoin Value Is About to Be Unchained by This Tiny Startup
The true Bitcoin value proposition has long puzzled those outside the Bitcoin community, but a small San Francisco startup could soon change all that.
This six-month-old company, Chain, is offering simplified access to Bitcoin's underlying infrastructure, known as the blockchain, so other companies can build a whole range of applications on top of it to exploit the real potential of the digital currency.We’re about to enter a brave new world…
Why the Bitcoin Price Is Falling – and Why It's Not a Crisis
While everyone wants to know why the Bitcoin price is falling, no one is panicking.
There are many reasons for that, such as the rising number of merchants accepting Bitcoin and the millions of dollars in venture capital that continue to pour into Bitcoin startups.
But the latest crash in the Bitcoin price took many by surprise, as it followed weeks of stability.It turns out the most likely explanation is one that most seasoned investors will recognize...
Expected Bitcoin Payment on eBay Is a Significant Step Toward Mass Adoption
E-commerce giant eBay Inc. (Nasdaq: EBAY) is very close to offering Bitcoin payment as an option via its Braintree subsidiary – a high-profile move that will mark another milestone on the road to mass adoption of the digital currency.
It's likely that the Braintree subsidiary is serving as eBay's guinea pig, testing Bitcoin payments on a smaller scale before rolling the feature out to PayPal and the eBay site itself.At that point, other major merchants will have some big decisions to make...
Check Out How Many Overstock Sales Are Done Using Bitcoin
Overstock.com Inc. (Nasdaq: OSTK) said this week that sales on its website paid with Bitcoin are expected to contribute $0.04 per share to the company's full-year fiscal 2014 earnings.But that’s just the start – check out how many sales in Bitcoin it expects going forward…
Bitcoin News: CFPB Report Makes Digital Currency Seem More Risky Than It Is
Some negative Bitcoin news from the Consumer Financial Protection Bureau yesterday (Monday) – a blunt warning of all the dangers of Bitcoin – illustrates the uneasy relationship the U.S. government has with the digital currency.
The CFPB "consumer advisory," which encompasses all virtual currencies, effectively scares people away from them by presenting a laundry list of worst-case scenarios.But for consumers to make an informed choice about whether they want to adopt Bitcoin, they need to know about the benefits as well as the risks.
Bitcoin News Today: The Odd Tale of a Report That Shocked the Fed
What if some researchers for the U.S. Federal Reserve developed a report on Bitcoin that so disturbed the Fed Governors that they hushed up the whole thing and disbanded the research team?
That crazy little piece of Bitcoin news recently turned up in the form of a first-person account of the episode as posted on Reddit.com.
It's unclear whether the person who posted the account did it for kicks or whether the whole thing is legit. But the conclusions that this Fed research team pretty closely match what we already know about Bitcoin's vast disruptive potential.Here’s what is supposed to have happened…
How to Get Started with Bitcoin and Use It Safely
Because the idea of a totally digital currency is still so new, many people naturally have questions about how to get started with Bitcoin and how to keep it secure.
The good news is that it's less complicated than you think.With the basic tips in this infographic, anyone can get started with Bitcoin…
Investing in Bitcoin: A Gold Rush for the Digital Age (Graphic)
More than one observer has compared investing in Bitcoin now to getting in on the California Gold Rush of 1849.
And there are numerous fascinating parallels, particularly regarding the area of mining and the wave of people who suddenly took an interest when they realized that fortunes could be made.In this detailed graphic, you can see exactly how Bitcoin and the Gold Rush match up...
Bitcoin IPO Countdown: One of These Five Companies Could Be the First
While there are no imminent plans for a Bitcoin IPO – the first major public offering of a Bitcoin-based company – the steady growth of the Bitcoin economy means it's just a matter of time.
And with venture capital investing ramping up this year, some companies have moved to the head of the pack as the most likely IPO candidates.Let's take a look at each of the five companies with the best chance to make Bitcoin history...
Bitcoin Price Dips Below $600, But Poised for Breakout
After several weeks of relative stability, the Bitcoin price on Thursday (yesterday) suddenly dropped about 3.7%, leaving many Bitcoin enthusiasts wondering what was going on.
With no major Bitcoin news, it looks like Thursday's move may have been the result of a decline in liquidity in the market, which would give a large trade or series of trades an outsized influence on the Bitcoin price.But now several signs are pointing to an imminent run to the upside…