Welcome to bankcoin
Much to the dismay of the liberati, bitcoin is flatlining. After dipping down to the $250 per bitcoin price earlier this year, it’s stayed there ever since. Noteworthy is the all the marketing spin of announcements of We take bitcoin payments, has died down and the use of bitcoin is not moving. Market capitalisation remains firm at around $4 billion in the bitcoin economy – tiny compared to the nearly $6 trillion of trading in currencies globally every day – and much of the hubbub about this digital currency has died down and almost away.