Bitcoin News

Story: Bitcoin With PayPal Did not Move the Needle of Attitude among Traditional Investors

By Dan Saada

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BTC should be Useful for Everyday Buying and Selling

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Bitcoin advocates have to claim that after performing better than gold, BTC is getting identified as a better hedge against a weak dollar or as something that provide for a pick…

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The Federal Reserve Quantitative easing and the higher government debt has put investors looking for something better.

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BTC has obviously established credibility among more than just mom and pop investors.  Forbes recently pointed to how the list of 20 institutional Bitcoin Investors are…

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Forbes has pointed to how “It's very difficult to have a clean one-to-one signal on who's entering and exiting the space,” further stated, “But there are some very interesting…

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In this regard, Sydney Ifergan, the crypto expert tweeted:  “The traditional markets are not doing a great job by printing lot of money.  Bitcoin (BTC) is still nascent.

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Despite all the hype and adoption from institutions, BTC has a long way to go if it should replace the fiat currencies.

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The price of the BTC definitely did shoot up to as high as $20,000 but it tumbled down very soon.

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Bitcoin to date is mostly put to use for speculation.  For BTC to become an everyday thing, it should be possible to use it for everyday purchases.

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For now, speculation is the best use case for Bitcoin, invest some value watch it grow can cash out is the way investors are looking at BTC right now.

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PayPal like stuff did not move a needle to impress an average traditional investors except perhaps help them understand the Bitcoin is valuable.

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