Not exact matches
Rather
than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various
digital currencies, and aims to make at least decade -
long bets on the most «credible candidates,» Seims tells Fortune.
Others say the recent prices simply reflect the fact that
digital currencies are a far more sturdy asset
than they were two years ago, and their values can no
longer be derailed by a bit of negative news.
The alternative
digital currency has
long - faced accusations from prominent members of the crypto community, such as Ethereum creator Vitalik Buterin, of being nothing more
than a Ponzi scheme.
As bitcoin has
long been the dominant
digital currency (it was the first public blockchain to operate at scale and gather a wide user base), traders continue to watch for signs ether is emerging as a viable alternative investment, one that moves based on different stresses and factors
than bitcoin.
But, Bill, drugs have been around for much
longer than Bitcoin has, and people have been buying them for centuries, so how ever did they manage before this
digital currency came along?
When it comes to spending the
digital currency Bitcoin, it seems Berliners have been on trend
longer than the rest of Europe.
Rather
than try to time the market or buy into the newest blockchain trend, MetaStable looks closely at the real - world use cases of various
digital currencies, and aims to make at least decade -
long bets on the most «credible candidates,» Seims tells Fortune.
While the peer - to - peer
digital currency system processes more
than 300,000 on - blockchain transactions per day and recently reached an $ 18 billion market cap for the first time, the path toward scaling this system to a global economy over the
long - term is sometimes seen as unclear.
Others say the recent prices simply reflect the fact that
digital currencies are a far more sturdy asset
than they were two years ago, and their values can no
longer be derailed by a bit of negative news.
I think we are in the belief that Bitcoin is Bitcoin, in other words... it does not have to be a super perfect technological specimen for it to have its value, we believe due to that fact that IT IS Bitcoin makes it have its value and people accept and want Bitcoin, so even if my transaction takes one minute
longer than another technology, etc I don't care because, as far as the
digital currency world and payments... it's the one and only «Bitcoin» which people have come to trust, does that make sense and do you agree?
Apart from the Philippines and China, Japan is one of the few markets that has been considering bitcoin as a
digital currency rather
than as
digital gold and a
long - term investment.
The
digital currency could still be in for a relatively early bottom, given the
longer correction
than the rest of the segment, but traders should still expect volatile swings.