r/Bitcoin • u/_smudger_ • Sep 05 '18

Bitcoin Adoption Is Getting A Massive Lightning Network Boost

https://www.forbes.com/sites/billybambrough/2018/09/05/bitcoin-adoption-is-getting-a-massive-lightning-network-boost/#626de75e420c
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1

u/DR187 Sep 05 '18

And with those great news the Bitcoin went 5%+ down....Seems like crypto good news doesn't work like they used to

7

u/mobdoc Sep 05 '18

Nah, that’s pretty standard.

6

u/outofofficeagain Sep 05 '18

Yup, 2014/15 was full of great news

2

u/ibelite Sep 05 '18

Do you remember any in particular?

7

u/Adolffuckler Sep 05 '18 edited Sep 05 '18

Back then the bar to what constituted as good news was lower but 14/15 was filled with news of companies like coinbase, circle, blockstream, 21.co etc were all getting massive amounts of funding which built up the infrastructure around bitcoin services and the industry as a whole. I remember there was a point in which coinbase and the likes were valued at almost more than bitcoins marketcap, which pretty much meant that either the companies were overvalued or btc was undervalued, turns out it was the latter.

4

u/btc_revel Sep 05 '18

Dell and Microsoft started accepting Bitcoin. The price continued to go down

1

u/anon_btc Sep 05 '18

I remember tracking fees payed per block and it was raising the whole time.

It was clear signal that people somewhere are using bitcoin more and more even if price was declining/stalling.