Bitcoin Fundamentals: Getting Weaker or Stronger Over Time?
If you were to look at the decline in the price of Bitcoin over the past year, it would be tempting to interpret this as a sign that the fundamentals have weakened rather than gotten stronger.
But is this actually the case? What data is available for us to analyse the real fundamentals? That's what we'll be covering in this video.
Crypto Merch Link: https://www.moonmerch.co/
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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In addition, the amount of capital investments made around the concept of blockchain and cryptocurrencies over the past year will lead to an improvement in key areas like custody, security, and interface which will have downstream impacts of adoption. This will lead to better demand as it proliferates!
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I agree fundamentals are getting stronger. I believe that compared to december 2017, actually the amount of experienced / technical people that endorsed bitcoin have increased. Just my thoughts! Cheers
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Bitcoin is always stronger no doubt.
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I feel the fundamentals in terms of store of value are becoming stronger - somewhat ironic I know given the price decline but the fundamentals as a digital currency getting slightly weaker.