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Price of Bitcoin

Article Index

New Bitcoin Price Prediction by Needham Puts Value at $655

By , Associate Editor, Money Morning • @DavidGZeiler -

bitcoin price prediction

Another Wall Street firm has made an eye-popping Bitcoin price prediction.

This time it's Needham & Company, which has issued a report that says the Bitcoin price should be $655, about 57% higher than the current price.

Better still, Needham sees demand for Bitcoin rising over the next four years.

And it came up with this surprisingly high Bitcoin price prediction for 2020...

Why the Price of Bitcoin Has Stumbled

By , Associate Editor, Money Morning • @DavidGZeiler -

price of Bitcoin

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...

The Bitcoin Price History Charts Every Investor Needs to See

By , Associate Editor, Money Morning • @DavidGZeiler -

bitcoin price history

The last two years of Bitcoin price history have a story to tell.

You see, Bitcoin was the best-performing asset in the world in 2015 - and by a long shot. The price of Bitcoin rose 35%, easily beating the next best asset, real estate investment trusts (REITS), which rose just 2.8%.

And apart from stifling Bitcoin's skeptics, this stunning reversal offers these key lessons about investing in general...

Why Bitcoin Price Predictions for 2016 Range as High as $3,500

By , Associate Editor, Money Morning • @DavidGZeiler -

bitcoin

With several expert Bitcoin price predictions for 2016 topping out at $3,500, the coming year will prove the worth of the digital currency once and for all.

It's quite a reversal from last year, when Bitcoin was sliding to below $200. These experts, mostly CEOs of Bitcoin companies, see the Bitcoin price rising from 300% to 800% from current levels of about $445.

Here's why these 2016 Bitcoin price predictions are so optimistic...

Why the Bitcoin Price Chart Is Showing So Much Strength Today

By , Associate Editor, Money Morning • @DavidGZeiler -

Over the past three months, the Bitcoin price chart doesn't look much like the charts for other investments, many of which - especially commodities - are way down.

Since Sept. 15, the Bitcoin price is up a stunning 93.5%, rising from $230 to about $445 today (Monday), according to the CoinDesk Bitcoin Price Index.

Here's why the price of Bitcoin has gone on such a tear...

2016 Bitcoin Price Predictions Looking at $600 and Beyond

By , Associate Editor, Money Morning • @DavidGZeiler -

Bitcoin

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...

Bitcoin Price Volatility Is Back as $400 Comes and Goes Today

By , Associate Editor, Money Morning • @DavidGZeiler -

Bitcoin price volatility

After taking most of 2015 off, Bitcoin price volatility has stormed back.

According to the CoinDesk Bitcoin Price Index, the last day of trading has seen a low of $355.81 and a high of $416.62 - a Bitcoin price level last seen nearly a year ago.

Just 45 minutes after hitting that high, the price of Bitcoin had fallen $39, a 9.38% drop.

Here's why the price of Bitcoin has suddenly taken flight...

Falling Bitcoin Price a Casualty of Software Civil War

By , Associate Editor, Money Morning • @DavidGZeiler -

bitcoin

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...

Is Bitcoin a Ponzi Scheme?

By , Associate Editor, Money Morning • @DavidGZeiler -

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...