Post
Topic
Board Speculation
Re: $55 mio series a funding of bitcoin core, wtf ??
by
Amph
on 04/02/2016, 11:48:22 UTC
$55 mio pumped directly to some core devs. the very heart of bitcoin. is this good for the price of bitcoin?

price tells you it's neutral.


55 mio is a lot of lube. i think i like it. this is going towards bitcoin blockchain and not to private blockchains/altcoin. this is definitely not the "blockchain is good/bitcoin is bad" gospel we have been hearing a lot lately.


135k bitcoin, yes it is alot, but if you look at it by the market cap point of view, it's not really that much

if the demand is not there that is willing to buy at a bigger value, the market will remain unchanged