Bitcoin Global Capital














Bitcoin Global Capital™

Bitcoins emerged in 2009 and entered the fringes of mainstream media coverage in 2013 when the price for each Bitcoin rose 500% over the months of March and April of that year.

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Bitcoin Global Capital™

In April 2013, Bitcoin, the Internet currency, first made headlines in the mainstream media during a 500% rally which saw the Bitcoin price rise from $50 to $266 in 4 weeks. This article provides a short summary of the build up to the price hike, and the events that followed.

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2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply.

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In the past three months alone, the price of Bitcoin has: risen steadily from below $250 to the low- to mid-$300 range, spiked past $400, plunged back down toward $300, stabilized around $325, surged again past $350 around Black Friday

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Money Observer

When the chief economist of the Bank of England muses on the abolition of cash and its possible replacement by a digital currency, you know that bitcoin has made the big time, although probably not in a manner envisaged by its inventors.

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