Topic: [2016-06-08] “I see Bitcoin like the Internet was in the 90’s” (Read 307 times)
If bitcoin is like the internet was in the 90s, then I think bitcoin needs a lot of effort and developments to be like the internet nowadays.
Let’s call it a deja-vu. Bitcoin price passed the $500 threshold in late May, something which hasn’t happened in almost two years. Despite reports that it will drop once again, the price is still going strong —at press time, the price continued to increase and almost broke the $600 threshold. The most beloved scenario is that fears in China that the yuan could weaken may have something to do with the sudden growth. China’s decision to restrict the flow of cash out of the country has indubitably prompted concerned citizens to seek ways around capital restrictions and Bitcoin proved to be a sort of safe haven.
https://jaxenter.com/i-see-bitcoin-like-the-internet-was-in-the-90s-126755.html
https://jaxenter.com/i-see-bitcoin-like-the-internet-was-in-the-90s-126755.html
Good interview. I like that he says that although bitcoin shows no signs of downward trends anymore that there will be a few corrections and stability - to get more of course. He basically says to not expect prices below 500 anymore.
I agree that Bitcoin is like the internet was in the 90s! This is going to be fun.
Let’s call it a deja-vu. Bitcoin price passed the $500 threshold in late May, something which hasn’t happened in almost two years. Despite reports that it will drop once again, the price is still going strong —at press time, the price continued to increase and almost broke the $600 threshold. The most beloved scenario is that fears in China that the yuan could weaken may have something to do with the sudden growth. China’s decision to restrict the flow of cash out of the country has indubitably prompted concerned citizens to seek ways around capital restrictions and Bitcoin proved to be a sort of safe haven.
https://jaxenter.com/i-see-bitcoin-like-the-internet-was-in-the-90s-126755.html
https://jaxenter.com/i-see-bitcoin-like-the-internet-was-in-the-90s-126755.html
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