| On 7 years ago

Bitcoin Value Continues to Rise

By Daniel Allermand

The value of the Bitcoin continues to rise these days, as it seems that the US marshall’s Bitcoin auction didn’t really affect the prize as much as expected and has brought a lot of positive media attention with it, despite the story itself not being very positive.

This has led to a increase in the value of the Bitcoin of almost $60 since June 25th, where it hit a low. The value has been going upwards steady ever since, but it is bound to hit the roof soon, unless something new and exciting will come and sweep the Bitcoin people of their feet.

In a time where there’s a lot of talk about the volatility of the Bitcoin and its usage, I think it’s important to remember that the volatility is far lower than it was last year at this time and has been acting more stable. It is getting effected less by minor news and is stabilizing itself as a real currency to be used and traded.

Usage wise it is also seeing some great days, as more and more of the bigger companies in the world decides to integrate Bitcoin payments into their portfolio. Furthermore the talks of Ebay and Amazon to accept Bitcoins in the future just adds to the excitement and hopefully in a few years we can see that the hard work and investments put into Bitcoins and cryptocurrencies in general has paid off. 

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.