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hile there are many contributing factors to Bitcoin’s price volatility in relation to established government currencies one contributing factor is a misunderstanding of Bitcoin. Bitcoin is a currency, a “commodity,” and payment system. Many investors only see the commodity aspect and often point to “no intrinsic value.” To an investor there is no “intrinsic value” […] any questions have arisen lately about investing in virtual currencies other than Bitcoin. This issue can get somewhat complicated and a few risks need to be understood: Decentralized vs. Centralized. Bitcoin is decentralized, meaning no central authority or bank, controls the supply. It is controlled by people who run the software. Centralized coins, like Amazon […] Investing in Bitcoin has become all the rage in recent days. It could be described as a bubble on top of volatility on top of a steady increase. Keep in mind that Bitcoin can be used as a payment system and the volatility is only important if you hold bitcoins. The price does not matter […] By Milly Bitcoin – May 14, 2013 This week Amazon announced their “Amazon Coins”. It is described at their web site as: Amazon Coins is a new way to buy and enjoy Kindle Fire apps, games, and in-app items for less. Save up to 10% on apps and games by purchasing Amazon Coins. This is […] |
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