Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
CoinDox
on 31/01/2015, 22:45:11 UTC
Quote from: coins101 on January 31, 2015, 10:35:47 PM
Quote from: CoinDox on January 31, 2015, 10:30:56 PM
Quote from: coins101 on January 31, 2015, 10:18:25 PM
Google adds crypto, and the price goes down  Huh



Price of BTC the currency is not relevant to the utility value of BTC the technology. Google adding crypto speaks to the latter not the former.

Utility doesn't pay the utility company.

They are not mutually exclusive.

Price is everything.

I did not mean to imply that the value of BTC the currency is irrelevant to the network as a whole. Miner's (utility companies if you will) depend on it yes. I was simply saying that the two can't be melded into one in a causation type of relationship.