Bitcoin had a tumultuous year in 2014. The headline news all year was the greatest collapse in the exchange rate since 2013 (remember in April '13 when Bitcoin went from $260 to $50?). There were also scams enacted on a massive scale – the size of which had not been seen since 2012. Very few businesses flourished, and many floundered. All in all, just another year in the single most fun and exciting phenomenon of our lifetime. Continue reading
Author Archives: mike_c
Coinbase Allows USD Balance for a Few US Customers
Coinbase took a step yesterday towards lowering the friction of buying and selling bitcoin in the US. Customers that live in a small number of states can now hold a USD balance in their Coinbase account. This allows instant buying and selling of bitcoin instead of Coinbase's current week-long process. Continue reading