Steven Lord – Price is not Prologue

Published on
January 15th, 2015
Duration
19 minutes

Steven Lord – Price is not Prologue

Featuring Steven Lord

Published on: January 15th, 2015 • Duration: 19 minutes

What's been going on with the price of Bitcoin? Steven Lord explains why the drop in market price may not be an accurate barometer for the currency's long-term prospects, and why it may actually drive innovation in bitcoin products and services, in this week's Modern Money.

Comments

  • MA
    Maurice A.
    29 March 2015 @ 03:09
    Still can't understand bitcoin popularity. Any number of cryto-currencies can (and do) exist. I'd much rather bet on gold retaining its value 100 years from now.
  • FS
    Fred S.
    26 January 2015 @ 13:55
    Nico - Price weakness could also mean that supply is currently outpacing demand. As price discovery continues, price will fluctuate accordingly, no?
  • RO
    Robert O.
    26 January 2015 @ 03:51
    Bitcoin appears to be acting like other fiat currencies but a bit move volatile given that it is new and not well tested. Adding derivatives to this market will only distort its price more.
  • JH
    John H.
    19 January 2015 @ 01:26
    He maintains credibility by admitting fully that the outcome is still binary. Size your position accordingly.
  • DB
    Duncan B.
    18 January 2015 @ 20:21
    Nice presentation. Thanks for clearing up some imponderables.
  • SL
    Stephen L.
    17 January 2015 @ 14:22
    Regardless of anyone's view on bitcoins future, one of the biggest assets the bitcoin ecosystem have is this guy.
  • NS
    Nico S.
    16 January 2015 @ 02:02
    Not sure I agree that "price" does not matter. Of course it matters! It's called price discovery and supply/demand factors. Weakness means that interest is waning and possible downdraft in "price".
  • EL
    Elizabeth L.
    15 January 2015 @ 15:38
    Timely, useful piece on bitcoin price and evolution. Keep these discussions coming.