Bitcoin Surges Fast Forward On Many Fronts Heading Into 2016

Bitcoin Surges Fast Forward On Many Fronts Heading Into 2016

Bitcoin’s growth since its 2009 launch has not formed a solid, straight line. But the upward movement continues, and those who question its continuance will have a hard time justifying their doubts in the face of a graphic overview prepared by, a Bali, Indonesia-based digital marketing concern that provides online coupons for retailers.

Bitcoin is moving from an investment commodity to everyday use, according to But this was only one of several positive findings about bitcoin’s future that illustrated in 33 charts provided to CCN.


Bitcoin Leads In Currency Growth

Bitcoin was the best-performing currency this year, climbing 21% in value in USD. Bitcoin’s performance surpassed that of the U.S. dollar and the Israeli shekel.

Venture capital investment in bitcoin in the last three years has totaled $927 million, more than half of which took place in 2015.

The growth of the largest bitcoin exchanges ranged from 280% to 847% from October 2014 to October 2015.

And while bitcoin has not yet been accepted by most retailers, a number of global merchants do accept bitcoin: Microsoft, Expedia, Dish, Dell, Tiger Direct, Intuit and Overstock. One chart shows which year the major merchants

Read more ... source: TheBitcoinNews

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