After A Difficult 2014, Bitcoin Hopes For A Brighter New Year

SHANTELHEART'S BLOG NEWS

TechCrunch

Bitcoin spiked to north of $1,000 in late 2013, before starting a long decline in the current year. After some optimistic fluctuation, it has landed in a mid-$300 trading range that the virtual currency can’t seem to shake.

Gone, for now it seems, are the go-go days of bitcoin heading straight north.

All in our heads

We were but babes in the bitcoin woods at the turn of the last decade. Not much was known, and wild speculation in the cyrptocurrency helped develop its very own folklore.

Stories abounded of overnight bitcoin millionaires. Prices shot up, and many bemoaned that they did not invest when bitcoin was a mere $13 back at the end of 2012. The Winklevoss twins, owners of an exchange-traded fund in bitcoin, predicted that the price of bitcoin could one day rise to $40,000, a price that would represent a towering $400 billion USD market cap.

WordPress began accepting the currency in late 2012. Dell, Overstock.com and others joined…

View original post 662 more words

Advertisements

Thx For DroppingIn Bring More to click away comment follow and stay connected 1 & ONLY DONT U EVER FRGET IT ,CHECKOUT SPREAKER PODCAST THESHANTELHEARTSHOW

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s