Monday, April 21, 2014

SovereignBTC #12 – Bitcoin, Privacy, and You

Sunday, April 20, 2014

PYMNTS Launches Bitcoin Price and Volatility Indices / 7:34 AM EDT April 15th, 2014

What is the value of a bitcoin? This is not a metaphysical question about the nature and purpose of digitally backed currency, in fact it is very straightforward—in U.S. Dollars, what is a bitcoin worth? The answer has been far less straightforward, since until now it could vary based on what source one consulted.

Today that changes, with the official release of the real-time Bitcoin Price Index by PYMNTS to track the trading price of bitcoins. PYMNTS is also officially announcing the Bitcoin Volatility Index to track the volatility of bitcoin and other alt-currencies compared with traditional currencies monthly.

“There’s too much cheerleading of alt-currencies from some quarters and too much scorn heaped on them from others,” according to Karen Webster, President of “We’re focused on solid analyses of bitcoin and other alt-currencies. The new indices show our commitment to investing resources to help the payments community understand these new payment platforms.” Webster also noted that is planning to extend the indexes to other alt-currencies such as Dogecoin and Ripple. - READ MORE