tzongocu on Nostr: 📰 News Alert... 🔖 Title: Selling Bitcoin Is Like Playing in a 'Bad House-Rate ...

📰 News Alert...

🔖 Title: Selling Bitcoin Is Like Playing in a 'Bad House-Rate Casino' — Adam Back Shares Insights
🗓️ Published: 2025-05-27T14:45:00-04:00
📄 Summary: Adam Back, CEO of Blockstream and an early Bitcoin adopter, likens selling Bitcoin to gambling in a disadvantageous casino due to its volatility. In a recent interview, he discussed how traders are often betting against the market’s upward trend, noting that Bitcoin's exponential growth over the past decade comes with significant price fluctuations. Despite corrections, steadfast investors have reaped considerable rewards, with Bitcoin seeing a staggering return of over 39,000% in the last ten years. Back highlighted the growing interest from institutional investors and government entities as potential support for Bitcoin’s price outlook.
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https://cointelegraph.com/news/selling-bitcoin-like-playing-bad-house-rate-casino-adam-back?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Christopher Tepedino
💓 #Bitcoin #Cryptocurrency #MarketTrends