but is considering whether to accept cryptocurrencies as payment.
These developments have led many crypto investors to believe the latest bull run is different than past rallies. Bitcoin skyrocketed to nearly $20,000 in late 2017 before losing more than 80% of its value the following year. Bitcoin believers say that, whereas the 2017 bubble was driven by retail speculation, the current cycle is being fueled by demand from institutional investors.
"I think bitcoin is a much more stable asset class today than it was three years ago," Michael Saylor, CEO of enterprise software firm , told CNBC's "Street Signs Asia" program on Tuesday. "It used to be dominated by leveraged retail traders … on international markets with a lot of leverage."
jeffkilburg As store of value, bitcoin based on nothing except computer entry based on fictitious concept indicates crypto value is just momentum; as currency bitcoin exceedingly too volatile to be used as currency. Block chain & digital Sovereign currencies concepts have some value
jeffkilburg Caveat emptor, when the musical chairs stop, whatever asset classes will be affected. As the saying the higher it goes, the harder it falls.
jeffkilburg Why does a blockchain digital token have to be a speculative trading instrument? Does the technology not work without speculation and FOMO price inflation. Is blockchain technology a better way to transact commerce or an instrument of speculative trading?
jeffkilburg Bitcoin dogecoin dogecash
jeffkilburg ну трахнули черта, и хуй с ним))
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Source: Reuters - 🏆 2. / 97 Read more »