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.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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...