Well, another turn of events in the Bitcoin saga. It appears that Dell computer has accepted Bitcoin as a method of payment. 

Dell has revenues of approximately $57B, this means landing a "whale" like Dell with Bitcoin acceptance is a huge deal.


The next question is, has this impacted the price of Bitcoin?

Let's review the past 10 days of pricing and find out. 

Additionally, what has happened within the Bitcoin network?

Bitcoin Network Capacity
The Bitcoin network capacity is 146.5PH/s this week and was approx 90PH/s just a month ago. This is showing significant growth again in mining hardware  investment. How has this impacted the difficulty? The Bitcoin difficulty has grown as follows 11.7B, 13.4B, 16.8B to 17.3B...Overall some modest gains.

Bitcoin Market Capitalization
The Bitcoin market capitalization continues to remain stable at $8.1B, for over 1 month. This is not encouraging for the speculators on currency inflation. However, this is great news for large investment houses looking for stability.

Has Bitcoin approached the mainstream culture yet...This is the question from the majority of followers of Bitcoin and other digital currencies.

If we try to prove this point, we must review common examples of adoption of digital currency. Currently some bigger names in the online marketplace have adopted Bitcoin as method of payment.

• Overstock.com
• TigerDirect.ca
• Expedia.com
• 1800 Flowers.com
• Newegg.com

So, in the light of these established businesses adopting Bitcoin, how has the digital currency done over the past few weeks?

Unfortunately, the overall price has not shot up "to the moon" as many early digital currency adopters had hoped. However, it has shown remarkable stability and longer term growth over the past few months. 

What will the future hold...Let's find out...