Monday, August 14, 2017

Rising Bitcoin Price Yields Greater Stability: Opinion

Rising Bitcoin Price Yields Greater Stability: Opinion

Bitcoin prices have seen remarkable growth over the weekend, with values peaking over $4000/BTC.


This jump in price point would usually yield far greater concern of a bubble in the marketplace, since explosive growth is often a harbinger of future price collapse.


However, Bitcoin is different. Growth in value is actually a good sign. Bitcoin and VC investor Spencer Bogart posts on Twitter:


Investors are excited because the value proposition for BTC is built around increasing value and liquidity. Unlike any other investment vehicle, with BTC, increasing value results in increasing stability.


Full story at http://bit.ly/2uU98Kc


Source: CoinTelegraph


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