Posts Tagged: Bitcoin Price

So, the news has Bitcoin in a downward spiral but recent news indicates otherwise. It seems the alternative to the dollar has not been buried yet.

A recent article indicates that the price drop of Bitcoin was a temporary issue and a new player seems to be rising.

Read more from this article from EFT Daily News.

Litecoin, a recent cryptocurrency added to Coinbase, reached a high of $48, a doubling of it’s price in the last 24+ hours. Is it popular because of loss of faith in Bitcoin, or an opportunity by speculators?

Tell us what you think: Is Bitcoin going the way of the $2 bill (obscure, unwanted or unsupported), or is it still a viable financial tool?

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It seems that Bitcoin is in trouble. There are several articles emerging lately that places its’ popularity and growth in jeopardy. Bitcoin’s prices fell a dramatic 30% on Thursday.

You can read more from Yahoo News here.

Bitcoins’ demise was predicted last year in this article posted in the Washington Post. Perhaps the prediction was a bit premature but right on target.

Tell us what you think: Is Bitcoin on the way out, or is it set to continue on an upward spiral?

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