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Venture investment in Blockchain went up in 2018. The median deal size increased over $1.0mm and the number of deals is also up. [1] Once the ecosystem of co

Venture investment in Blockchain went up in 2018. The median deal size increased over $1.0mm and the number of deals is also up. [1] Once the ecosystem of complements matures, Bitcoin's utilization is expected to increase. [2] The price of Bitcoin is driven by speculation that utilization of Bitcoin creates value. [3] [1] https://medium.com/@PanteraCapital/market-update-pantera-blockchain-letter-december-2018-f48ad020f9d6 https://medium.com/@PanteraCapital/market-update-pantera-blo... [2] Crossing the Chasm, 3rd Edition: Marketing and Selling Disruptive Products to Mainstream Customers. Paperback – January 28, 2014 [3] https://www.investopedia.com/articles/investing/091814/what-bitcoins-intrinsic-value.asp https://www.investopedia.com/articles/investing/091814/what-...

deleted 8y ago
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verdverm 8y ago
Private blockchain seems to be crossing the chasm at a much better place. Bitcoin has yet to offer something of value to the mass market. My money is pretty much digital already, and I'm not really down with my transactions being out in the public. Perhaps another crypto currency will meet the needs of the major market, though I have a hunch the current financial institutions will get there first.
- yellowapple 8y ago
  I think Bitcoin would be a good fit for transferring value between large entities (governments, banks, etc.), where having public accountability would be especially valuable. Those entities could then exchange it with other lower-valued cryptocurrencies, fiat currencies, precious metals, seashells, etc. more suitable for day-to-day consumption by the general public.
  - verdverm 8y ago
    Would you have your transactions out in public view?
    - yellowapple 8y ago
      Not necessarily, but I'm not a government or other large institution :)
jeron 8y ago
to add to this, adoption rate for cryptocurrency increased this year as well https://www.investinblockchain.com/cryptocurrency-adoption-rising-in-2018/ https://www.investinblockchain.com/cryptocurrency-adoption-r...
- verdverm 8y ago
  The stats can be misleading, because I have 3 verified accounts. How many people expanded the number of accounts they hold to access more ICOs / tokens / P&D? BTW, the reference states "The study indicated user growth rates were higher in 2017 but continued on into 2018 at a rapid pace."

deleted 8y ago

[deleted]

verdverm 8y ago

Private blockchain seems to be crossing the chasm at a much better place. Bitcoin has yet to offer something of value to the mass market. My money is pretty much digital already, and I'm not really down with my transactions being out in the public. Perhaps another crypto currency will meet the needs of the major market, though I have a hunch the current financial institutions will get there first.

yellowapple 8y ago
I think Bitcoin would be a good fit for transferring value between large entities (governments, banks, etc.), where having public accountability would be especially valuable. Those entities could then exchange it with other lower-valued cryptocurrencies, fiat currencies, precious metals, seashells, etc. more suitable for day-to-day consumption by the general public.
- verdverm 8y ago
  Would you have your transactions out in public view?
  - yellowapple 8y ago
    Not necessarily, but I'm not a government or other large institution :)

jeron 8y ago

to add to this, adoption rate for cryptocurrency increased this year as well https://www.investinblockchain.com/cryptocurrency-adoption-rising-in-2018/ https://www.investinblockchain.com/cryptocurrency-adoption-r...

verdverm 8y ago
The stats can be misleading, because I have 3 verified accounts. How many people expanded the number of accounts they hold to access more ICOs / tokens / P&D? BTW, the reference states "The study indicated user growth rates were higher in 2017 but continued on into 2018 at a rapid pace."