BitPay Reveals the (Good) Reason Why Bitcoin Price Is Down

orignal article Let's cut right to the chase: the 17-month-long Bitcoin price drop has not spelled the slow death of the currency. Quite the contrary. The price fall has coincided with a literal doubling of the network's transaction volume. This means that Bitcoin is no longer a speculative investment, but is becoming an everyday payment method. Or so says the BitPay team, who recently spoke with IBTimes UK on why the currency's price drop is a natural and even predictable result of Bitcoin's serious growth. Early on in Bitcoin's timeline, there was hardly…Read more …

Why Virtual Currency Is Here to Stay – Bitcoin or No Bitcoin

Original Article You'd better start getting used to the idea of virtual currency. While the much talked about Bitcoin is the most prominent and widely used virtual currency, it is not the only one. Bitcoin is not even the first, as the earliest digital currencies emerged as far back as the early 1990s (most of them are long gone). Today there are more than 80 kinds of virtual currency, with an array of odd names like feathercoin, bbqcoin, fireflycoin, and zeuscoin. They're called virtual currency because they don't exist in the physical world…Read more …