Bitcoin going up again and we know that Iran/USA tension is behind this.
My question is that is this good for bitcoin in long run. We saw bitcoin going up when Chinese president gave statement about blockchain adoption. Bitcoin went up and then fell down again.
If bitcoin keep up and down with such news, bitcoin ow worth can never be established.
Well, what can we do if this is the nature of Bitcoin? And I think that there are other investment assets that can rise and fall because of the news. The worth of Bitcoin is already established since it is hard to find another asset that rises so great just like what Bitcoin has achieved. Just Google for that and you can see what I mean. Compared to other assets, Bitcoin is the winner in terms of ROI even at today's rate.