Bitcoin and Stocks Took a Gut Punch; the Builders Hardly Noticed

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Who even cares about the markets? Bitcoin builders will keep building no matter what. gckaloudis writes in this week’s Crypto Long & Short newsletter from TABconf in Atlanta, Georgia.

I think this matters a great deal, and I’m certainly not alone in echoing the following sentiment. Amid poor price performance of bitcoin, there’s not much for everyone to be excited about. There’s no fear of missing out on untold riches. There aren’t many Bitcoin Tourists here right now. A lot of people will say, “Bear markets are for building.” And so many people say it so often that it loses its meaning.

But I’m still going to say it again here because it’s important: Builders will keep building no matter what. Here’s why it particularly matters right now. We’ve already seen over, and while the Bitcoin protocol hasn’t been hacked , there’s certainly less attention on Bitcoin than there was when the price of bitcoin was over $68,000.

So while the rest of the world is not paying attention, the developers who work on Bitcoin every day are spending time breaking things so that they can fix things to make . That’s a good thing for Bitcoin’s future, and anyone who thinks Bitcoin might have a chance at long-term viability should thank their lucky stars that the bear market is giving the builders time to build.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

gckaloudis tabconf That’s true I’m gonna hold my Bitcoin on Bitfinex no matter what

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 291. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bitcoin trader predicts $18K return within days as stocks wilt post-CPIBitcoin bulls can't fight the Fed or market expectations of a giant rate hike. Glad ! 🔥 I wish I discoveereed tthis beeforee I do not predict, Just Trade the Chart poorque news is silent abboout this
La source: Cointelegraph - 🏆 562. / 51 Lire la suite »