Bitcoin Deaths

February 26, 2014
Bitcoin Price: $577.09


Bitcoin’s market cap on paper by far exceeds that of the competition, but the ability to translate Bitcoin wealth to wealth in other forms is very limited. There are many Bitcoin holders heavily invested in Bitcoin’s success and it has a first mover advantage. However as a store of value, its only value is reputational, and recent developments have shaken that reputation.

Head of Forex, Citi

Source: Street Insider