BitcoinAverage Blog

bitcoin price news and analysis

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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...

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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...

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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.

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This week the price of bitcoin retraced from last week's temporary high at $451, moving down to a low $410 on February 23. As of writing this, the market sits at $438, a local top dating back to $410. Price has been gradually creeping up an upward sloping trend line, attempting to retrace the $40...

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Satoshi Roundtable 2

In the weekend of 21-22 February 2016, a Bitcoin Roundtable meeting took place in Hong Kong. The meeting came before the Satoshi Roundtable 2, which is scheduled to take place this weekend (Feb 26-28).

In attendance, to the Hong Kong meeting, were representative of miners holding up to 80% of the hash power, core developers and entrepreneurs from the Bitcoin ecosystem.

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