Gyft Sees Bitcoin Usage Drop By 80%

According to Vinny Lingham, CEO of digital card platform Gyft, when the company first integrated bitcoin payments they accounted for 90% of the company’s sales. Although Paypal and credit card purchases made up the remaining 10%, Mr. Lingham has stated to CoinDesk that the field has shifted dramatically. Since the initial bitcoin integreation in 2013, Gyft has seen an incredible 80% drop of bitcoin’s usage, leading to a complete reversal of purchasing trends – now Paypal and credit cards make up 90% of the payment methods, while bitcoin hangs on at 10%. Lingham remains steadfastly fascinated by bitcoin, as he […]

The post Gyft Sees Bitcoin Usage Drop By 80% appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Gyft Sees Bitcoin Usage Drop By 80%

According to Vinny Lingham, CEO of digital card platform Gyft, when the company first integrated bitcoin payments they accounted for 90% of the company’s sales. Although Paypal and credit card purchases made up the remaining 10%, Mr. Lingham has stated to CoinDesk that the field has shifted dramatically. Since the initial bitcoin integreation in 2013, Gyft has seen an incredible 80% drop of bitcoin’s usage, leading to a complete reversal of purchasing trends – now Paypal and credit cards make up 90% of the payment methods, while bitcoin hangs on at 10%. Lingham remains steadfastly fascinated by bitcoin, as he […]

The post Gyft Sees Bitcoin Usage Drop By 80% appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Price Holding Steady

Bitcoin price has been locked in a sideways course for the past week. We wait for a decisive move in one direction or the other to give more insight into the current price pattern. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h04 UTC Bitstamp 1-Week Chart From the analysis pages of xbt.social, earlier today: Slow price action for the past week and let’s take a step back and look at the […]

The post Bitcoin Price Holding Steady appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Bitcoin Price Holding Steady

Bitcoin price has been locked in a sideways course for the past week. We wait for a decisive move in one direction or the other to give more insight into the current price pattern. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 14h04 UTC Bitstamp 1-Week Chart From the analysis pages of xbt.social, earlier today: Slow price action for the past week and let’s take a step back and look at the […]

The post Bitcoin Price Holding Steady appeared first on CCN: Financial Bitcoin & Cryptocurrency News.