The website falkvinge.net has done an in depth analysis of the projected value of Bitcoin contingent on the successful adoption of the currency as part of the world market. Source Article.
The adoption of Bitcoin as a means of trading value between parties is still being developed, but the overall market has just surpassed $511,000,000.00 in value with about $58M of value being traded daily.
Bitcoin Pricing Update - March 2013
Additionally, it appears that Bitcoin has returned 300% since Jan 1, 2013.
This continues to bode well for current investors and demonstrates to the overall Bitcoin Market that there is a growing interest and support base following Bitcoin.
Source Link.
This continues to bode well for current investors and demonstrates to the overall Bitcoin Market that there is a growing interest and support base following Bitcoin.
Source Link.
Amazon.com accepts payment processing through Bitcoin.
Additionally, Bitcoin has cleared a significant hurdle to continue to solidify itself as a medium of exhange as Bitpay has just annonced a significant contract with Amazon.com payment fulfillment system. Source Link
ATLANTA, Mar 06, 2013 (BUSINESS WIRE) -- BitPay, the world's leading payment processor for bitcoin payments, announces that it has integrated its service with Amazon.com's Fulfillment-by-Amazon (FBA) web service. This is the first move into large-scale eCommerce for companies wishing to accept payments over the bitcoin peer-to-peer payment network.
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