The Fluctuating Value of Bitcoin in 2015

Over the years, the value of the bitcoin has been growing in value and the benefits are adverse. It has been able to provide more opportunities as opposed to when they were first created. Though it was a concern over its value as a currency, it is gaining popularity and acceptance. Currently, it is better placed and is considered an asset and an innovative way of controlling inflation. Though the […]

 

Bitcoin Transactions

  Records of Bitcoin Transactions Bitcoins do not actually exist anywhere, not even on a hard drive. Although we talk about people having Bitcoins, but if you look at a certain Bitcoin address, there are actually no digital Bitcoins held in it. This is the same way that you will hold dollars or pounds in your bank account. You cannot really point to a physical object or to a digital […]

 

Understanding Bitcoin's Value

One of bitcoin’s most notorious (and celebrated) features is its wild swings in price. What makes it the favourite of speculators also makes it unsuitable for use as a currency in most situations, since there’s no guarantee that the money you pay or receive will be worth the same the next day, let alone in a year. That raises a few problems for bitcoin holders. Whilst it’s easy enough to […]