The whole Bitcoin economy is just around 275 million dollars , so it must be easy to tie back huge price movements to news or events. Price discovery works very differently when small volumes are involved. We had tracked the rise of Bitcoin very closely this time – We had said that Bi...
One Big Issue With The Bitcoin Economy March 12, 2013 12:57 pm Bitcoin is trading at an all-time high, and interest in the Bitcoin economy is picking up again. The Bitcoin economy, loosely defined to include all Bitcoin transactions, has started taking some shape now – but we wonder i...
We just did not want this to go unnoticed – BTC, when priced in USD, has seen a stunning move up – more than three times the value in May 2012 – a movement from 5 USD to 16.8 USD per BTC. That is a more than 200 percent return in 7 months – a solid return by all standards.
The Possibility Of Minting A $1 Trillion Coin: The Best Case For Bitcoin Yet January 23, 2013 5:37 am We have heard many arguments favoring Bitcoins – a limited money (coin) supply, no central money control authority, no single point of failure (it is peer-to-peer), and many more. But...
Well if the price of any commodity keeps going up, with supply being an issue, one primary candidate to suspect is hoarding. The funny thing is, this happens in the digital world as well. We have been spotting multiple bitcoin stats – we spotted an amazing stat today, that effectively...
