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Bitcoin

Bitcoin

Bitcoin Price Prediction: Why It's Only Now Finding the True Value

Don't be fooled when you see a Bitcoin price prediction that calls for a collapse in the digital currency based on its steep price decline from a bubble that burst.

That's not really what the charts are saying, although it's easy to see why they'd get it wrong.

The critics only can see a long slide into oblivion. They believe Bitcoin has no value, and that its demise is inevitable.

But these critics miss several key points...

Bitcoin

How to Buy Bitcoin from a Bitcoin ATM

Knowing how to buy Bitcoin from a Bitcoin ATM is a good skill to have as the digital currency goes mainstream.

Today about 82,000 merchants accept Bitcoin – more than double the number just one year ago. As more merchants accept Bitcoin, there's a growing need to buy Bitcoin "on the go."

That's where Bitcoin ATMs come in. But using a Bitcoin ATM isn't like using a traditional bank ATM.

Bitcoin

Big Wall Street Players Investing in Bitcoin Startup

Not only has venture capital investing in Bitcoin failed to slow even as the price of the digital currency has slumped, but now some big Wall Street names have hopped on the bandwagon.

On Tuesday Bitcoin payments and wallet platform Coinbase announced it had raised $75 million in Series C funding. That's more than double the previous amount of venture capital invested in a Bitcoin company.

But this time it wasn't just the usual Bitcoin-friendly VC firms backing Coinbase.

These heavy hitters just made investing in Bitcoin a hot new trend...

Bitcoin

Winklevoss Bitcoin ETF Files to Sell 1 Million Shares (Nasdaq: COIN)

Taking one step closer to going live, the Winklevoss Bitcoin ETF filed an amendment Dec. 30 to its Securities and Exchange Commission (SEC) prospectus to list 1 million shares at an offer price of $20.09 per share.

If approved, the aggregate value of the shares will be $20.09 million.

Officially known as the Winklevoss Bitcoin Trust, this exchange-traded fund is intended to be an easy way to invest in Bitcoin.

Here's what we know about the Winklevoss Bitcoin ETF so far...

Bitcoin

Bitcoin Forecast 2015: Four Powerful Trends Will Deliver a Pivotal Year

The Bitcoin forecast for 2015 is for major strides toward the promise we've been hearing about for more than a year.

The power of the idea – a decentralized, digital currency that includes ownership data and can move money around the world in an instant – just keeps gaining traction.

But the Bitcoin forecast 2015 isn't just for more of the same. For sure, mass adoption will continue. But next year we'll see a lot more activity on Wall Street as well as a lot more innovation from Bitcoin startups.

This will be a pivotal year for Bitcoin...

Bitcoin

World's First Bitcoin IPO Sets Stage for More Bitcoin Stocks

The world's first Bitcoin IPO is on track to launch on the Australian Stock Exchange (ASX) in early December, paving the way for more Bitcoin stocks to go public in over the next few years.

The company is Melbourne-based Bitcoin Group. Right now Bitcoin Group runs a cryptocurrency arbitrage fund, but is planning to expand into Bitcoin mining if the IPO succeeds.

It’s one more big step toward the day when the major players of finance jump aboard the Bitcoin bandwagon…

Bitcoin

Bitcoin Stock Exchange Could Be "More Valuable than Alibaba"

When Overstock.com (Nasdaq: OSTK) CEO Patrick Byrne launched a wiki page to explore the possibility of a Bitcoin stock exchange, it was hard to imagine the project getting past the idea stage.

But Patrick Byrne is a man on a mission.

Driven by a deep mistrust of Wall Street, Byrne has announced the creation of a division within his company charged with making this dream a reality.

Called "Medici," the system will use Bitcoin's public ledger of transactions, the blockchain, to bypass Wall Street's institutions.

This directly threatens the status quo…

Bitcoin

"The Rise and Rise of Bitcoin" Is Way More than a Geeky Currency Story

For people having a hard time grasping what Bitcoin is all about, deliverance is at hand.

A new Bitcoin documentary – “The Rise and Rise of Bitcoin” – makes this abstract form of money easier to understand. And you don’t need to be a geek to get something out of it.

Along the way, “The Rise and Rise of Bitcoin” also does a thorough job of detailing the history of Bitcoin, beginning with its creation by the mysterious Satoshi Nakamoto.

But here’s the reason why this film matters…

Bitcoin

Forget the Bitcoin Price – These Are the Trends That Matter

On Sunday the Bitcoin price hit a 2014 low of just under $291 on the CoinDesk Bitcoin Price Index, but as of this afternoon (Wednesday) it had bounced back above $340.

It's just another week in the volatile life of Bitcoin.

But despite all the digital currency's wild ups and downs, the trends that matter have stayed on a remarkably consistent path, utterly unfazed by the gyrations in the Bitcoin price.

Just look at what’s been going on…

Bitcoin

Why “End of Bitcoin” News Headlines Are a Positive Sign for the Digital Currency

When you start seeing a lot of Bitcoin news headlines declaring that the digital currency is dead or dying, it can only mean one thing.

Bitcoin prices are bottoming out and will soon start rising.

That’s not the conclusion one would normally draw from a Financial Times story that just pronounced the “end of Bitcoin,” but in this case it’s correct.

To make sense of this, we need to turn to science…

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