Posts Tagged ‘BTC’

Bitcoin Has Moved Past the 400 USD Exchange Rate Again

15, Feb 2016

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After hovering around $380 USD for quite some time since the beginning of this month, Bitcoin has finally moved past the $400 USD exchange rate again and is pushing to get higher. While BTC has been somewhat low in terms of price, but with a network difficulty that is continuing to grow rapidly with another 20 or so percent increase in the network difficulty right around the corner some altcoins have managed to do great. We are talking about Ethereum (ETH) that has had its price skyrocket to over 5 Euro and over 6 USD in the last days and that has also sparked some temporary, but huge interest in some of the Ethereum forks such as Expanse. The way things are moving with more big jumps in the difficulty and the second upcoming block halving this summer people are expecting to see Bitcoin doubling its price, but we are yet to see if that will happen this summer or not…

Is Bitcoin Heading to a Price of $400 USD

3, Nov 2015

current-bitcoin-price-bitcoinwisdom

Lately we’ve seen the exchange price of Bitcoin exploding and yet again the driving force behind the serious spike seem to be the big number of Chinese people investing into BTC. While on the western Bitcoin exchanges the price is trying to reach a new high of about $380 USD per Bitcoin, we are seeing that the big Chinese exchanges are already very close to $400 USD. This simply means that other exchanges will most likely follow and we may even reach $400 USD exchange rate even later today and it might not be the end of the price increase. So you might want to keep a close eye on what is happening with the price of Bitcoin and take advantage of the best moment to sell some coins…

Bitcoin Price is on the Rise Again

17, Oct 2015

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The last few days the exchange rate of Bitcoin (BTC) has been steadily going up and today it has surpassed the $270 USD mark and that may not be the highest point it may reach this time. So you might want to keep a closer look at how things progress, though unfortunately it seems that the peak in price of BTC is not affecting much other coins as Litecoin this time. LTC has been keeping a steady exchange rate for a while now at a little above $3 USD. The exchange rate for ETH/BTC is going down, but due to the increase of the price per BTC the USD/EUR rate for Ethereum is still keeping relatively stable, but low level. This market situation is resulting in miners looking for some alternative coins to try mining and maybe get a better profit instead of the more established or popular ones in the last few days. The results is clearly seen in some altcoins having temporary spikes like DGB or GeoCoin among others, so you might want to keep an eye on the altcoin market for other not so popular names as well.


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