Bitcoin strong as ever

[TheDailyCrypto]

Bitcoin going strong!

http://thedailycrypto.com/post/bitcoin-as-strong-as-ever/

What do you think?

[1715036508]

1715036508

[kolev]

Bitcoin going strong!

http://thedailycrypto.com/post/bitcoin-as-strong-as-ever/

What do you think?

Strong as "ever"? You mean, over $1,100? Don't fall for the speculation! Gold had a bump thanks to World War III worries and Bitcoin followed for whatever reason plus some whales got scared that they won't be able to buy back the bitcoins they sold 1-2 weeks ago.

[keithers]

The bitcoin ecosystem is stronger than ever, although the price isnt (obviously )

[jl2012]

Bitcoin going strong!

http://thedailycrypto.com/post/bitcoin-as-strong-as-ever/

What do you think?

Strong as "ever"? You mean, over $1,100? Don't fall for the speculation! Gold had a bump thanks to World War III worries and Bitcoin followed for whatever reason plus some whales got scared that they won't be able to buy back the bitcoins they sold 1-2 weeks ago.

Price is not the only indicator to measure the strength of bitcoin

[seriouscoin]

Bitcoin going strong!

http://thedailycrypto.com/post/bitcoin-as-strong-as-ever/

What do you think?

Strong as "ever"? You mean, over $1,100? Don't fall for the speculation! Gold had a bump thanks to World War III worries and Bitcoin followed for whatever reason plus some whales got scared that they won't be able to buy back the bitcoins they sold 1-2 weeks ago.

Stupid noob, price =! value

[BittBurger]

Price is irrelevant.

The only thing that matters is adoption rate and infrastructure growth.

Speculation is nice, but its why there is volatility.

Every day that goes by however, a substantial foundation is being built into $300, $400, $500 ....

I dare say our "actual price" is $450.   Where we bottomed out this time around.   Maybe that is Bitcoin's true value as per its current level of adoption around the world.

Good news.

[remotemass]

Price is irrelevant.

The only thing that matters is adoption rate and infrastructure growth.

Speculation is nice, but its why there is volatility.

Every day that goes by however, a substantial foundation is being built into $300, $400, $500 ....

I dare say our "actual price" is $450.   Where we bottomed out this time around.   Maybe that is Bitcoin's true value as per its current level of adoption around the world.

Good news.

Price is not irrelavant. It reflects its value (that come from its utility and scarcity) along the logic of supply and demand.
As it gets to be more used and adopted, it gets to be more valued and the price goes up, ruled by the market.
It is the most objective expression of the value of bitcoin.

[cloverleaf]

Price is irrelevant.

The only thing that matters is adoption rate and infrastructure growth.

Speculation is nice, but its why there is volatility.

Every day that goes by however, a substantial foundation is being built into $300, $400, $500 ....

I dare say our "actual price" is $450.   Where we bottomed out this time around.   Maybe that is Bitcoin's true value as per its current level of adoption around the world.

Good news.

Very well said. What we all need for Bitcoin now is widespread adoption and governments to back off. Price comes second.

[pastet89]

MTGOX hurted it so bad lately...

[hostmaster]

Bitcoin going strong!

http://thedailycrypto.com/post/bitcoin-as-strong-as-ever/

What do you think?

We know it will rise and keep faith.

[bitvestor]

Price of bitcoin is not what matters, for the fact we use it and adopt it to our system that makes more sense.