ebay/paypal taking on bitcoin?
Be prepared for anyone who uses paypal with bitcoin to be limited for fraud.
Their policies are over the top as they are now, imagine the policies they will place on bitcoin.
Topic: Why does bitcoin increase by 64% since April ? - page 2. (Read 1466 times)
Recently ,bitcoin price increases again .
Coindesk shows that bitcoin price increases from 360dollars on 10th April to 590dollars on 27th May .
The trend changes
We can see the picture that bitcoin is first over the average line of 50 days .
Investors can see bitcoin price changes between different average lines ,and the price gradually stabilizes .
Turnover change
The turnover is about 16000dollars every day since 18th May .But from 19th May to 26th May ,the turnover is about 41000trunk bitcoin .
Why ?
Compared with the price trend before,less relative news affect bitcoin price recently .Maybe the demand and use of commercial bitcoin impels its price increasing .
However ,its commercial amount keeps stable recently as follows :
Recently ,board of directors of Ebay is confidence in bitcoin future ,and it will attach bitcoin to Paypal .
Though Chinese payment attacks bitcoin ,Chinese trading places are still running reluctantly .In fact ,the trading amount of BTC China is increasing .
Moreover ,the trading amount of a bitcoin payment company called bitpay is about 100,0000 dollars every day .
Remaks: Due to language difference, sometimes people out of China can’t know what happened in China quickly. so we are here to make effort to change little, we will translate 3-4 bitcoin news in China to English everyday to help people out of China know what happened and what people thinks about bitcoin in China, If somewhere translate not that good, pls PM us so that we can correct it.
Source http://tech.163.com/14/0529/17/9TE9N0R400094ODU.html
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