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Are Bitcoin and Gold Prices Correlated?

Are Bitcoin and Gold Prices Correlated?

Some people in the bitcoin community would love to think of the currency as digital gold on the basis of certain similarities to the physical precious metal they might have observed. Could this digital currency really be the new gold? And is there any correlation at...
Why Don’t We See Many People Buying with Bitcoin?

Why Don’t We See Many People Buying with Bitcoin?

(Image courtesy of bitcoins.idealogue.io) It is good to know that more and more businesses have started accepting bitcoin. However, while it is encouraging to see this, the number of people using the popular cryptocurrency to make purchases has not been encouraging....
Why the Bitcoin Blockchain Beats Out Competitors

Why the Bitcoin Blockchain Beats Out Competitors

  Bitcoin is completely in a class of its own when blockchains are concerned. Numerous attempts have been made to create alternatives to it since its emergence about six or so years ago, but all these have failed to attain the level of success envisaged. So what...
Are Merchants Still Interested in Bitcoin?

Are Merchants Still Interested in Bitcoin?

The year 2014 was a big one for Bitcoin in terms of merchant acceptance, as top companies such as Dell, Microsoft and Overstock.com jumped on board. But the number of entrants so far this year seemingly points to a drop in the appeal of the crypto currency to...