BitcoinAverage Blog

bitcoin price news and analysis

Image 1

Imagine this….

You set up your laptop, smartphone, tablet or whatever else you have that connects to the internet, and you get paid in bitcoins every time the device automatically sends pings to webmasters to let them know how their websites are performing accessed from your area. And all that w...

Continue reading...

Chart 1

This week, the bitcoin price retraced back up above the $400 level, from its $382 low on March 5, 2016. This low was the result of a sharp sell off from $423, last week’s bearish price action. This week’s price action has been limited to a $10 trading range, with $420 as upper and $410 as lowe...

Continue reading...

Image 1

Is the Block Size Hysteria Really a Market Manipulation by Big Buyers?

That is what Oleg Andreev, a blogger, a software designer and a bitcoin enthusiast, thinks, but more of that later.

In the late 19th century, one man in the US came to be known as ‘Skunk of Wall Street.' That was Jason "J...

Continue reading...

Chart 1

Last week’s bitcoin price report signed off with this forecast:

“This week bitcoin is bearish in the immediate short term, with targets for a low rebound at $400, and an allowance to $385.”

This week, bitcoin markets moved precisely as forecast, down to a low $382 on Bitstamp. The price grad...

Continue reading...

Image 1

In the recent weeks and days there have been quite a number of reports painting the picture that delay in confirmation of transactions is not only on the rise, but it is also fast becoming an endemic problem in the Bitcoin ecosystem. Some users have indicated that they have experienced delays that extend to days.

Continue reading...