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@TheEconomist: The dollar fell by more than 4% against a basket of other major currencies in July, the largest monthly decline in a decade, as the value of euros, gold and bitcoin soared https://t.co/TlQefjkisu
NEWS: Bitcoin to be rebranded as "A Currency" after "Store of Value" marketing campaign fails.
Prices slashed as Bitcoin is rebranded from digital gold to the currency of the future. "It just wasn't selling very well, " spokesman Satoshi Motoboto said speaking at an MIT conference. "Institutional investors were not buying so we're going back to our roots, to the institutionalised investor market." Commentators are even touting the possibility of Bitcoin returning to its origins as a collectors item among lonely angry men. One attendee of the conference mused about the way things used to be. "I remember the old days before everything blew up and I became a theoretical multi-billionaire. You never thought about swapping 20,000 bitcoins for a bag of pogs back then. I would not be sad to see those days again, times were simpler."
06-24 16:45 - 'It is. Because Whales invest in it like the stock market. Once it went from a currency to a store of value (like stocks), the trading behavior becomes the same.' by /u/subduderecords removed from /r/Bitcoin within 42-52min
The world's future medium of exchange, Bitcoin Cash, functioning as intended during a global pandemic and market collapse. Added bonus; it does not transfer germs or lose value to inflation like filthy fiat currency!
you can give a lot of tags to Bitcoin, a volatile mess, fringe currency, not a store of value, among others. A Ponzi scheme is certainly not one of these negative labels that a critic can throw at Bitcoin.
The Chairman of US central bank when asked about Bitcoin: "They use it as a store of value...like Gold....that's not to say we won't see it & if we do see it yes you could see a return to an era in the US when we had many different currencies..."
People who say BTC is a store of value have no idea how Bitcoin first took off - because of Silk Road. Nobody in his right mind would have gambled on a coin which almost literally came out of thin air and wasn't used for anything, but actually having a use case made it a real currency.
One study estimated most of the of coins mined at the time (circa 2013) went through SR , so most of its use case was a currency - the complete opposite of what Core pushes it to be now.
03-19 13:25 - 'Companies and industries produce goods for the want of dollars or other currencies it gives them value, and the dollar is backed by authority. / Bitcoin is a tool of speculation nothing more!' by /u/CreepyCranfield9 removed from /r/Bitcoin within 432-442min
Bitcoin is a cryptocurrency developed in 2009 by Satoshi Nakamoto, the name given to the unknown creator (or creators) of this virtual currency.Transactions are recorded in a blockchain, which ... Bitcoin’s original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2020, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Bitcoin Price (BTC). Price chart, trade volume, market cap, and more. Discover new cryptocurrencies to add to your portfolio. Skip to content. Prices. Products. Company. Earn crypto. Get $171+ Sign in. Get started. Price charts Bitcoin price. Bitcoin price (BTC) Add to Watchlist $ 13,070.01 +0.56%. 1h. 24h. 1w. 1m. 1y. all. $0.0000 January 1 12:00 AM. 10:56 AM 3:06 PM 7:17 PM 11:27 PM 3:38 AM ... Bitcoin USD price, real-time (live) charts, bitcoin news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more. Home Business Record value of bitcoin (in local currency) for 8 countries! Business; Record value of bitcoin (in local currency) for 8 countries! October 25, 2020. 0. 1. Share. Facebook. Twitter. Pinterest. WhatsApp. Linkedin. ReddIt ...
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