Posts Tagged “bitcoin”

This article is published on Medium.

2017 saw a meteoric rise in the price of Bitcoin, closing the year off its all-time high but registering a gain of close to 1400%. Over $1.6 Billion traded on BTC/CAD trading pairs monitored as part of the Canadian Bitcoin Index.

Read More

This article is published on Medium.

If 2015 were a good year for Bitcoin then 2016 was exceptional. Bitcoin made a new all-time high exceeding the prior high of $1136.86 made in December 2013, reaching a peak of $1340.43 closing the year just off that mark at $1317.33.

Read More

This article is published on Medium.

Bitcoin’s history of volatility is legendary with periods during late 2013 where there were daily changes of over 40% in either direction. However, since that time Bitcoin’s volatility has gradually decreased to the point where now it is at an all time low and more comparable to other assets such as Gold.

Read More

This article is published on Medium.

There are many ways to measure the size of the Bitcoin such as the number of transactions or total transaction volume. However, these are not easily comparable to other assets and so typically the size of Bitcoin is expressed as its market capitalization, which is simply the total $ value of all the Bitcoins that exist. Using the market capitalization (also known as market cap) value we are able to compare the scale of Bitcoin with other cryptocurrencies, gold, stocks or any other asset class.

Read More

This article is published on Medium.

2015 saw increasing competition for your Canadian Dollar (CAD) when buying Bitcoin. Led by Quadriga CX, it was a tumultuous year where we saw exchanges come (Taurus, Coinsquare), go (Vault of Satoshi) and established non-Canadian domiciled exchanges expand into the Canadian Dollar market (Kraken, Coinbase) as well as Vancouver-based Cointrader finally opening a CAD orderbook. And then there was Cavitex… announcing it’s closure in February only to reopen following a Coinsetter acquisition.

Read More

This article was originally published via Tumblr.

Arriving a little bit late to the Bitcoin party I was intrigued by the mining process so thought I would give it a go on a lazy afternoon with help from this blog post. Rather than tie up my home PC or commit to long term hosted mining contracts I used Amazon Web Services to provision a suitable machine for a few cents an hour. Thanks to the availability of suitable Bitcoin miners on GitHub the process is remarkably simple to get up and running.

Read More