23 Nov '12, 7pm

What Happens To A Currency When The Rate Of Monetary Inflation Is Suddenly Dropped To Half? via @seekingalpha #bitcoin

What Happens To A Currency When The Rate Of Monetary Inflation Is Suddenly Dropped To Half? via @seekingalpha #bitcoin

The fact that the bitcoin supply rate is about to be cut in half may naturally be the cause for the recent increase in the bitcoin price, but we can't know for sure about cause and effect. The reason is that Wordpress - which according to Alexa ranking is the 22-most visited website globally - recently started accepting (enthusiastically suppoting, actually ) bitcoin and such great news might also be helping bitcoin along. But then again - it could also be a reaction to the fact that ECB now has started to discuss bitcoin in a serious way.

Full article: http://seekingalpha.com/instablog/530678-minorman/1304781...

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bbc.co.uk 28 Nov '12, 2am

28 November 2012 Last updated at 01:49 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print ...

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