Archive for the finance Category

US has Already Ceded Dominance in Bitcoin Trading

US has Already Ceded Dominance in Bitcoin Trading

16 Nov 2013 / Coindesk – Expertise and dominance in a particular industry sector doesn’t come about by decree. It is achieved over years through repeated practice and creative experimentation. During the first three-and-a-half years of bitcoin’s development from 2009 to 2012, a large portion of that

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Savers boosting bitcoin demand in China, exchange says

Savers boosting bitcoin demand in China, exchange says

15 Nov 2013 / SCMP – A co-founder of China’s biggest bitcoin exchange on Friday said there were “boundless opportunities” for the digital currency in the country because of the Chinese saving ethic. “The main reason why bitcoin has become big in China is because Chinese people

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Everything you need to know about the Bitcoin ‘bubble’

Everything you need to know about the Bitcoin ‘bubble’

08 Nov 2013 / WaPo The price of bitcoins rose above $300 for the first time ever Friday, sparking renewed media attention and fresh claims that the high price represents nothing more than a speculative bubble. Unfortunately, the debate over the currency’s future has generated more heat

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