Bitcoin Trends In 2014: Coinbase, Susquehanna Interview Highlights

Coinbase, the largest U.S. Bitcoin operator, and Susquehanna analysts James Friedman and Meghna Ladha got together last week for a one-on-one. Here are some thoughts for 2014 that emerged from the discussions. Focus on merchant acceptance Emerging trends show increased merchant acceptance, for example by Overstock.com and Zynga.com. Other names appear in the graphics provided by Overstock and Coinbase below. “While price volatility remains a concern, Coinbase tells us that merchants can convert bitcoins into fiat currency close to real time through a ‘flash’ trade, alleviating some of the concern about FX impacts and settlement risk,” says the Susquehanna team….