Why invest real money in digital coin? Because the payoff a decade from now could be enormous.
When it comes to Bitcoin it's all about the long game, says Abra founder and CEO Bill Barhydt. Bitcoin is flexible because you can break it up into smaller divisions, called Satoshis. In 10 to 15 years, those Satoshis alone could be $1000 a piece. It might take a while for Bitcoin to really start trading at the level of gold and silver, says Bill. Interestingly enough, says Bill, by and large, people who have Bitcoin are holding on to it, just like those precious metals. Once more of it is mined, we'll start to see the market become less volatile.
Once a lucrative exercise anyone could do, bitcoin mining has grown out of control, and governments are weighing what to do.
The term “hodl” originated in a drunken post about Bitcoin from 2013, but it’s evolved into a movement in the cryptocurrency community.
A new study highlights how blockchain technology can be a game-changer in education.
Bitcoin started at $.008, and today is worth over $12,000. What's the deal with other cryptocurrencies? We're here to help.
Unless you have been living under a digital rock for the last few weeks, you may have noticed that Bitcoin has been on a bit of a rollercoaster lately. Bitcoin is the world's best-known cryptocurrency, a digital form of money that is anonymous, decentralized, and simple to use. As the production and use of cryptocurrencies have improved over the last few years the number of cryptocurrencies in existence has skyrocketed; along with their values.