The Bitcoin Price Special – 2014 Year in Review

The Bitcoin Price Special – 2014 Year in Review

2014 – An exciting year for Bitcoin akin to a roller coaster ride from January till today [December]. Don’t be fooled by the lowest Bitcoin price in 12 months; everything else about Bitcoin – news, events, adoption, regulation, or legitimacy – has never been better!

How did we arrive at where we are today? A trip down 2014 memory lane!

January

January got off to a great start with a billion-dollar company, Overstock.com partnering with Coinbase to become the first major retail to accept Bitcoin payments.

Continue reading The Bitcoin Price Special – 2014 Year in Review at CEX.IO Official Blog.

The Top 7 New Bitcoin Merchants from 2014

The Top 7 New Bitcoin Merchants from 2014

In the world of bitcoin, 2014 was definitely the year of merchant adoption. Although there were plenty of different major news stories in the bitcoin world, the adoption of bitcoin by a large number of household names made this perhaps bitcoin’s best year yet (as long as you ignore the price). Let’s take a look at some of the biggest names that decided to jump on the bitcoin bandwagon over the course of 2014 (Read more: The 5 Biggest Bitcoin News Stories of 2014).

Continue reading The Top 7 New Bitcoin Merchants from 2014 at CEX.IO Official Blog.

The 5 Biggest Bitcoin News Stories of 2014

The 5 Biggest Bitcoin News Stories of 2014

2014 was bitcoin’s biggest year yet. Although the price has fallen from its historic highs of late 2013, more users have continued to join the network and take a closer look at the blockchain technology behind the world’s most popular digital currency. There’s never a dull news day in the world of bitcoin, so narrowing down all of the stories from 2014 down to five was quite a chore. Having said that, most bitcoiners would agree that these five stories were the ones that made the largest impact on the community in 2014.

Continue reading The 5 Biggest Bitcoin News Stories of 2014 at CEX.IO Official Blog.

Top Ten Altcoins of 2014

Top Ten Altcoins of 2014

With the new year quickly approaching, it is time to take a look at a few of the many altcoins that were developed over the past year. As most cryptocurrency fanatics have noticed, the development of altcoins has slowed down quite a bit over the past few months, and the coins developed throughout 2014 may very well be some of the last altcoins developed.

Fibre

Fibre is a currency that uses the unique NIST5 mining algorithm.

Continue reading Top Ten Altcoins of 2014 at CEX.IO Official Blog.

How to Be Not Over-Enthusiastic about Bitcoin on Christmas

How to Be Not Over-Enthusiastic about Bitcoin on Christmas

When spending time with family for Christmas, the most difficult issue it to handle the awkward questions from your relatives while having a dinner. Yes, all those questions you want to avoid: from “Are you dating someone?” to “When will you find a real job?”, and finally “So tell us again about the weird things you do for life”.

Introducing people to Bitcoin can often be incredibly difficult. Being the Bitcoin fanatic you are, how do you keep yourself from being a little over-enthusiastic during a few glasses of wine at the Christmas dinner?

Continue reading How to Be Not Over-Enthusiastic about Bitcoin on Christmas at CEX.IO Official Blog.

How to Be Not Over-Enthusiastic about Bitcoin on Christmas

How to Be Not Over-Enthusiastic about Bitcoin on Christmas

When spending time with family for Christmas, the most difficult issue it to handle the awkward questions from your relatives while having a dinner. Yes, all those questions you want to avoid: from “Are you dating someone?” to “When will you find a real job?”, and finally “So tell us again about the weird things you do for life”.

Introducing people to Bitcoin can often be incredibly difficult. Being the Bitcoin fanatic you are, how do you keep yourself from being a little over-enthusiastic during a few glasses of wine at the Christmas dinner?

Continue reading How to Be Not Over-Enthusiastic about Bitcoin on Christmas at CEX.IO Official Blog.

Bitcoin Price Roundup: December 17, 2014

Bitcoin Price Roundup: December 17, 2014

 

And we are going down!

The price this week was traded within a $10 range, bouncing between $348 – $359 and exhibiting similar price behaviour observed weeks ago at the $370- $380 range. This is a distinctive pattern of breaking consecutive supports following after extended periods of consolidation. On December 15, morning hours Asian time price broke below $346.90 (encircled) that had held as a support for a week, forming a new bottom support at $330.

Continue reading Bitcoin Price Roundup: December 17, 2014 at CEX.IO Official Blog.

Bitcoin Price Roundup: December 17, 2014

Bitcoin Price Roundup: December 17, 2014

 

And we are going down!

The price this week was traded within a $10 range, bouncing between $348 – $359 and exhibiting similar price behaviour observed weeks ago at the $370- $380 range. This is a distinctive pattern of breaking consecutive supports following after extended periods of consolidation. On December 15, morning hours Asian time price broke below $346.90 (encircled) that had held as a support for a week, forming a new bottom support at $330.

Continue reading Bitcoin Price Roundup: December 17, 2014 at CEX.IO Official Blog.

The Rise and Fall of MtGox: A Complete Timeline (Part 2)

The Rise and Fall of MtGox: A Complete Timeline (Part 2)

MtGox Overheats with Bitcoin Price in April 2013

The media started to talk about bitcoin quite a bit in early 2013, and all that hype eventually led to one of the largest bubbles in bitcoin’s history. MtGox was responsible for roughly 75% of all bitcoin trading at this time, and it seemed as if everyone was trying to get into the bitcoin market at once. The price kept rising to around $250 on MtGox until the exchange started to stall and lag behind the orders that were coming in from users.

Continue reading The Rise and Fall of MtGox: A Complete Timeline (Part 2) at CEX.IO Official Blog.

Mining News in Review: December 15, 2014

Mining News in Review: December 15, 2014

As 2014 comes to a close, the news in the bitcoin mining industry seems to be as constant as ever. The mining industry as a whole has continued to grow over the course of the year, even as the bitcoin price has not been able to get back to its highs from late 2013. Let’s take a look at some of the biggest news stories in bitcoin mining from the past few weeks.

Bitcoin Mining Difficulty Decrease

In what should be viewed as one of the biggest stories of December, the bitcoin mining difficulty dropped for the first time in roughly two years.

Continue reading Mining News in Review: December 15, 2014 at CEX.IO Official Blog.