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Bitcoin Lives Up to CES Expectations

Avatar Guest Author 5 years ago

Bitcoin made a big impression this week at the International Consumer Electronic Show (CES) in Las Vegas.

2015 has not been particularly kind to bitcoin, thus far.  Trouble began when the digital currency’s price dropped below $300, the lowest it has been for quite some time.  Further negativity spread just last week when Bitstamp, one of the largest bitcoin exchanges operating today was the victim of a malicious hacking that saw to nearly $5 million, or 12 percent of its bitcoins disappear.

…If one didn’t know any better, they’d probably think everyone’s new years’ resolutions involved destroying bitcoin altogether…

However, the digital currency is probably looking at these two events as mere blunders in its history, and attendees saw that at the CES show where bitcoin made a special appearance and the bitcoin booth witnessed some heavy traffic amongst techno enthusiasts.

Some of the other cryptocurrency companies in attendance and promoting launches were Copay and Gliph; the former there to plug a special multi-sig wallet, and the latter to promote its new peer-to-peer marketplace which is garnering comparisons with Craigslist.

Due to recent events, Bitstamp was forced to pull out of attending CES, but company CEO Nejc Kodric offered his apologies via Twitter, saying:

“Was sorry to miss interacting at CES this week.  Our team is all hands on deck focused on the immediate needs of redeploying our site.”

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