With the price of Bitcoin increasing more than 1oo percent this year, and the price of altcoins like Ethereum and Monero even outperforming Bitcoin, 2016 was a good year for cryptocurrencies in general. Let’s have a look at how we got here!
Month: December 2016
Bitcoin rallied to a new all-time high, and President-elect Donald Trump has picked some Bitcoin supporters for his team.
Overstock.com’s tØ blockchain platform went live, and Venezuelans are swapping bolivars for Bitcoins.
Circle is abandoning Bitcoin, and Japan might be dropping its sales tax on Bitcoin purchases.
“While Ethereum was and may still be labeled as a promising technology, it has failed to deliver in terms of either a solid application or in terms of appreciation for the people that have put faith in it.”