Author: Ryan Tucker

After the great cryptocurrency crash of early 2018, many pundits claimed that that was the end for Bitcoin and other cryptocurrencies. Falling from a high of near $20,000 in late 2017 to about $6,000 by mid-2018, Bitcoin’s popularity took a nosedive as well. For the next several months Bitcoin was in a rut, failing to […]

The major obstacle to the adoption of any new currency is consumers wondering what they can buy with it. It was no different with Bitcoin once the cryptocurrency began to rise in popularity. While some online retailers have accepted Bitcoin as a payment for years, and Bitcoin point of sale systems have been around for […]

One of the key aspects to Bitcoin and other cryptocurrencies gaining traction is their use by more and more people. The more people understand and use Bitcoin, the greater the network effects and the greater the benefit to subsequent users. And the more people use or invest in Bitcoin, the larger the user base to […]

While Bitcoin has enthused millions of investors and consumers who see its usefulness in processing financial transactions, financial institutions and government authorities have generally been less enthusiastic. That’s particularly the case with central banks, which naturally feel threatened by the threat that Bitcoin poses to their monopoly on currency issuance. So while central banks haven’t […]

One of the best ways for any currency to become generally accepted is for it to be used as a payment for taxes. That’s been the case with underweight metal coins, paper currency, and a whole host of other fiat money. And while Bitcoin has been accepted for tax payments by a handful of states […]

Many investors are still put off by the relative volatility of cryptocurrency markets and of cryptocurrency prices. And while Bitcoin investors are benefiting today from upward price movement, volatility in the other direction is naturally worrisome. That has helped contribute to the development and popularity of so-called stablecoins, cryptocurrency tokens that are fully backed by […]

After languishing under $4,000 for much of the year, Bitcoin has really taken off in price over the past few weeks, and just recently broke through the $6,000 barrier. But while there are numerous contributing factors for that strong price growth, there’s one factor that has gotten significantly less publicity. However it’s an important factor […]

Many people may not have known it before, but coin machine operator Coinstar has partnered with Bitcoin ATM provider Coinme to allow people to purchase Bitcoin at Coinstar machines. The initial trials that began earlier this year were so successful that Coinstar is expanding the Bitcoin purchase ability to over 2,000 kiosks in 19 states. […]

For months Bitcoin’s price seemed to be range-bound, hovering in the mid-3000s and never seeming to be able to broach the $4,000 mark. But all of a sudden Bitcoin’s price took off, with $4,000 a distant memory as Bitcoin powered through $5,000 and beyond. Those who had the good sense to invest in Bitcoin while […]

One of the biggest knocks against Bitcoin’s use as a currency has been the relative difficulty of its use. While Bitcoin payment portals exist, they require a separate system apart from normal point of sale systems, credit card readers, etc. That has limited adoption by retailers. On the consumer end of things, payment is normally […]