Technology
33 Signs that Bitcoin Growth Isn’t Slowing in 2016
33 Signs that Bitcoin Growth Isn’t Slowing in 2016
It’s been a year of mixed results for cryptocurrency enthusiasts and speculators.
The biggest positive for Bitcoin is that it was actually the best performing currency this year, ahead of the US Dollar and the Israeli Shekel. Bitcoins have climbed a solid 21% in value over the course of the year in USD terms, and even more relative to other currencies. While the cryptocurrency hasn’t reached the heights it did in 2013, this is still a sign of positive strength.
On the other hand, mainstream news around Bitcoin over the course of 2015 has been distracting at best.
Ross Ulbricht, the man supposedly behind Silk Road, was sentenced to life imprisonment in May without the possibility of parole.
More recently, the Hunt for Satoshi has also heated up. Wired and Gizmodo subsequently both published reports that former Australian academic Craig Steven Wright was the creator of Bitcoin. Within hours, his house was raided by Australian police as part of an “unrelated” case. Days later, Wired rescinded its affirmation that Wright was the creator of the cryptocurrency, and instead asserted it was an elaborate hoax.
Lastly, despite close to $500 million in venture capital going into cryptocurrency-related pursuits, so far there hasn’t been any breakthroughs or apps that have captured the public’s eye. There has been progress and recognition around the merits of blockchain technology, but ultimately Bitcoin remains in the trough of disillusionment.
Bitcoin Growth in 2016
Today’s infographic highlights 33 signs that growth in Bitcoin will not slow down in 2016.
In our opinion, here are the most important reasons:
- The total amount of VC investment in Bitcoin since 2012 is $927 million. Over half of this investment has occurred in 2015 alone.
- World-class merchants now accept bitcoins for payment, including: Microsoft, Dell, Expedia, Dish, Overstock, TigerDirect, and Intuit.
- Transaction fees with bitcoins are extremely low: 0.0001 BTC per 1000 bytes.
- Daily transactions occurring with bitcoins amount to about $289 million per day. This is comparable to Paypal ($397 million), Square ($362 million), or Western Union ($216 million).
Original graphic by: BargainFox
Brands
How Tech Logos Have Evolved Over Time
From complete overhauls to more subtle tweaks, these tech logos have had quite a journey. Featuring: Google, Apple, and more.
How Tech Logos Have Evolved Over Time
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
One would be hard-pressed to find a company that has never changed its logo. Granted, some brands—like Rolex, IBM, and Coca-Cola—tend to just have more minimalistic updates. But other companies undergo an entire identity change, thus necessitating a full overhaul.
In this graphic, we visualized the evolution of prominent tech companies’ logos over time. All of these brands ranked highly in a Q1 2024 YouGov study of America’s most famous tech brands. The logo changes are sourced from 1000logos.net.
How Many Times Has Google Changed Its Logo?
Google and Facebook share a 98% fame rating according to YouGov. But while Facebook’s rise was captured in The Social Network (2010), Google’s history tends to be a little less lionized in popular culture.
For example, Google was initially called “Backrub” because it analyzed “back links” to understand how important a website was. Since its founding, Google has undergone eight logo changes, finally settling on its current one in 2015.
| Company | Number of Logo Changes |
|---|---|
| 8 | |
| HP | 8 |
| Amazon | 6 |
| Microsoft | 6 |
| Samsung | 6 |
| Apple | 5* |
Note: *Includes color changes. Source: 1000Logos.net
Another fun origin story is Microsoft, which started off as Traf-O-Data, a traffic counter reading company that generated reports for traffic engineers. By 1975, the company was renamed. But it wasn’t until 2012 that Microsoft put the iconic Windows logo—still the most popular desktop operating system—alongside its name.
And then there’s Samsung, which started as a grocery trading store in 1938. Its pivot to electronics started in the 1970s with black and white television sets. For 55 years, the company kept some form of stars from its first logo, until 1993, when the iconic encircled blue Samsung logo debuted.
Finally, Apple’s first logo in 1976 featured Isaac Newton reading under a tree—moments before an apple fell on his head. Two years later, the iconic bitten apple logo would be designed at Steve Jobs’ behest, and it would take another two decades for it to go monochrome.
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