Bitcoin vs other payment systems’ daily transaction volume

This infogram shows that while Bitcoin’s market cap evaluation might be in the Billions the facts are that the transaction volume of Bitcoin is tiny compare to Visa or Mastercard. Here are the data-points upon which this infogram was based:   The only adjustment made to the data-points is to lower the daily Bitcoin volume from 237 (when Bitcoin volume was peaking in december) to the current 60 million USD …
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Apple, Dish, and Amazon signal Bitcoin surge in 2014

In 2014 we have seen one of the biggest fortune 500 companies take action in regards to Bitcoin. This time, instead of analysts reading graphs and making patterns we have concrete actions made by huge corporates who seem to be in support of Bitcoin. Apple Apple started off as an anti-Bitcoin company when it banned the blockchain app and any other similar Bitcoin apps that fascilitated transactions from their App …
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Apple App Store guidelines update allows virtual currencies

Apple issued an update Apple issued an update to it’s App Store Review Guidelines. The update opens doors for Bitcoin related Apps to be added to the App Store. Since the ban of the Blockchain app from the App store, Apple has been known to be strictly against Bitcoin related Apps, however following the Worldwide Developer’s Conference (WWDC) Apple issued an update that can be reviewed here. Under the Purchasing …
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We passed 600, what now?

Bitcoin has been on a steady climb since May 19th. We passed 500 which was quite a hurdle in terms of emotion. We were able to sustain high volume and are creeping up to the 1000 mark. Just today we hit 600 so what will happen now? As a disclaimer the following will be pure speculation and your comments are more than welcome in regards to this. Lets take a …
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