Author

Topic: [2015-07-27] IBT: Bitcoin growing 25% faster than the internet (Read 358 times)

legendary
Activity: 1904
Merit: 1073
It only takes one APP or a very popular game to incorporate Bitcoin, to turn things around for this situation to change --> " Despite this, the number of merchants accepting bitcoin is slowing and interest from

consumers remains below 50%.
"

The amount of money going into developing a "Blockchain" replacement should also be noted in this statement. Ripple is not Bitcoin, it's a competing Alt coin. Let's be realistic and objective when we use the

word "Bitcoin" .... in my opinion it should only say "Crypto currency" investment.

The new buzz word in the industry is "Blockchain technology" not "Bitcoin technology" and this is not good for the Bitcoin community.  Angry Angry Angry Angry
legendary
Activity: 1442
Merit: 1014
Quote
Venture capitalist investment in bitcoin startups is projected to be $786m (£506m) in 2015, compared with $639m in internet companies in 1996.

Quote
This is the second year in a row that investment in bitcoin firms has outpaced the early stage internet and if it follows the same trajectory, venture capital investment could surpass $2bn in 2016.

http://www.ibtimes.co.uk/bitcoin-growing-25-faster-internet-its-early-years-1512717
Jump to: