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Examiner.com caught up with Jered Kenna, CEO of Tradehill, the second largest crypto currency for bitcoins after Mt. Gox, before it to be able to shut down last year due to payment dispute with startup Dwolla. Tradehill relaunched successfully in March with model new B2B service, Prime, seed investment, in addition a new party.
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JK: Do not think see it so up to a bubble, but rather an extended period of volatility. To your see points where the price jumps up and bumps down, Do not think see expense exploding, it's very volatile because it's extremely new, and some people are jumping on it too instantly. Some others who got into it early are cashing out right at this moment. I think the price is to be able to change a lot over the subsequent 6 months and couple of years. Right now there are I decide 500 merchants accepting bitcoins through Bitpay, you could rent hotels with bitcoins, and business people are accepting it to be a form of payment. Wordpress is the 25th most useful site available anywhere and they accept bitcoins.
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