Bitcoin climbed more than 8% yesterday morning - until Dallas Mavericks owner Mark Cuban jumped in.
Cuban said the cryptocurrency is "in a bubble."
Here's how the tech billionaire is both wrong and right about his BTC assessment...
Rapidly rising and falling Bitcoin prices may trouble those new to the digital currency. But for those who have owned Bitcoin for several years, it's familiar territory.
After shooting up 213% in just nine weeks, the price of Bitcoin fell 31.6% in three days. Investors typically shun that kind of volatility. But Bitcoin veterans know that every decline simply sets the stage for new highs later on.
Here's why longtime Bitcoin owners are pouncing on this "crash" as a buying opportunity...
More and more investors want to know how to buy bitcoins as its reputation as a kind of "digital gold" grows.
Bitcoin has proven itself a terrific investment over the past two years, rising 123% in 2016 alone. And current Bitcoin price predictions foresee increases ranging from $10,000 to as high as $1 million over the next decade.
With gains like that, even a modest investment could turn into a fortune.
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The price of Bitcoin took a tumble over the past week as concerns about a lingering issue again became too obvious to ignore.
The Bitcoin price fell about 9% in the five days following Feb. 29, when delayed bitcoin transactions revived fears that its network had reached capacity.
The exasperating thing is that last week's network hiccup didn't have to happen.
You won't believe why it did...
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The latest wave of 2016 Bitcoin price predictions exhibit a renewed optimism about the digital currency's prospects.
These 2016 Bitcoin price predictions also reflect a fresh understanding in the disruptive power of Bitcoin's underlying technology, the blockchain.
For example, Wedbush Securities raised its 12-month price target 50%, from $400 to $600.
But what Wedbush saw for the price of Bitcoin 10 years down the road is the real eye-opener...
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It has become an article of faith that the Bitcoin price is volatile.
And when Bitcoin burst into the public consciousness back in 2013, it was true. Bitcoin prices soared 8,500% in 2013 only to fall 85% by January of this year.
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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...
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...
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Bitcoin News Today: After a recent string of good news, the price of Bitcoin has inched up some - and remains stable.
After hitting a recent low of $177 in January, the Bitcoin price looks to be stabilizing around $240.
More importantly, though, some major players are sniffing around the cryptocurrency - and are beginning to take it more seriously... with cash.
Take Goldman Sachs, for example...
The price of Bitcoin stands to get a boost this year from an unlikely source - state and local governments.
At least two states, New Hampshire and Utah, have bills under consideration that would make it possible for citizens to pay taxes and fees in Bitcoin. New York City has proposed similar legislation.
The likelihood of some governments taking Bitcoin payments gives the digital currency a stamp of legitimacy. And the added confidence that brings ultimately will have a positive impact on the price of Bitcoin.
But that's not all it would do...
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...
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The Bitcoin price chart for January shows volatility is just as much of an issue for the digital currency as ever.
But for Bitcoin to gain mainstream adoption, this problem must be solved. A currency that can Bitcoin's tendency to lose 20% to 40% of its value in a matter of days, or even hours, discourages its use for daily transactions.
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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...
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Last year's Bitcoin price decline has persisted into 2015, but don't mistake that as a sign the digital currency will soon be history.
Because even as the Bitcoin price has fallen from a 2014 high of $951.39 to a low this year of $257.09, the Bitcoin ecosystem has continued to grow.
Bitcoin's critics have pounced on the cryptocurrency's latest woes. But the months-long fall in Bitcoin prices and string of bad news has done little to slow the digital currency's progress.
In fact, the rate of Bitcoin adoption in recent months has accelerated...
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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…
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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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