Bitcoin Price: Why it Doesn't Matter

Bitcoin Price: Why it Doesn't Matter

Here at NewsBTC, every day we get asked what will happen to the price of bitcoin. Will its value versus the US dollar gain or decline over the next few days? While these may be valid questions for intraday speculation, the real question - as far as we're concerned - is what is bitcoin price ten years from now. What can it be used for in the future, and what will be its future value? Wences Casares recently said this: In Spanish, we have a saying that when a genius points at the moon, a fool looks at the finger. I find that happens a lot with bitcoin. In our opinion, this sums up the....


Related News

Bitcoin’s Price Doesn't Matter: Adoption Does

While many people focus on the price of bitcoin and its volatility, the true metric of success is adoption.

The Great Cryptocurrency Anonymity Debate Intensifies as Vertcoin Tests Stealth Addresses

The regulatory debate of cryptocurrencies is a sensitive matter for the cryptocurrency community. When Mike Hearn, Chair of the Bitcoin Foundation's Law & Policy committee, proposed a "brainstorming" on the possible merits of blacklisting addresses, there was a backlash at the very idea of having such a debate, but lawmakers and academics are constantly giving speeches and publishing papers on the legal implications of cryptocurrencies with particular emphasis on its anonymity or pseudo-anonymity features. Anonymity or pseudo-anonymity is a core feature of Bitcoin, the most prominent....

Honey Badger Should Care: Why Bitcoin’s Price Action Does Matter

Despite repeated statements from Bitcoiners that price does not matter, the price of bitcoin is fundamentally a measure of its success.

Corsair World DeFi: “We Already Gave First Holders 700% In Just One Month”

“What can bring us closer together than the same losses? It doesn’t matter if there are two of you or 2 billion. If you have been in the same pit, you will understand this person, even if you see him for the first time. If all financial structures and cryptocurrencies, among other things, talk about […]

Tesla Motors: No Comments on Accepting Bitcoin

With recent news that a customer purchased a Tesla electric vehicle from Lamborghini Newport Beach, some have raised the question: why doesn't Tesla sell their vehicles to customers directly with bitcoin? It's an interesting question, so we set out to get in touch with the company regarding the matter. Unfortunately, we didn't receive much. They were quick to get back in touch, but the company says that: "Tesla does not have an official stance at this point", and "No comment from us." It's understandable. Very few companies in the automotive business are accepting anything but U. S.....