NBA fans prefer to pay with Dogecoin because Bitcoin is a significant good
NBA fans prefer to pay with Dogecoin because Bitcoin is a significant good
The owner of the professional basketball team of the Dallas Mavericks-Mark Cuban-announced that people do not like to buy tickets with their Bitcoin stocks because this is a significant asset. Instead, use Dogecoin to "simply out".
"Bitcoin is a bit of another animal"
During a Interview For Fox Business, the American milliard Mark Cuban shared his views To some of the most popular cryptocurrencies.
Starting with Bitcoin, he said that the asset was a "great alternative value -ups". Cuban went further and said that it was even better than gold and also much different from the alternative coins.
"Bitcoin is a bit of a different animal than crypto as a whole."
Not too long ago Dallas Mavericks Accept from Crypto payments for play tickets and were in his online shop. However, Kubans said that NBA fans are not interested in buying tickets via BTC because they keep the asset in the long term and expect its price to increase over time:
"Not many people pay with Bitcoin because it is really a significant asset. It is a value -plot and they want it to gain value."
On the other hand, many Dogecoin use as a purchase option because they have a completely different setting to the meme token:
"We sell thousands and thousands of dollars a month in the low season, and when the season begins, I expect this to happen at Dogecoin per week - and that is really because it is easy to say not to appreciate it so much what people want to keep it."
Speaking of personal investment in the Meme Cubanian Kubaner said that he recently increased it from $ 1,500 to $ 1,500 and explained that he bought a little more for fun ". Nevertheless, he described Doge as a way to understand the functionality of digital assets, not as a successful investment instrument:
"I have never said that it is a great investment, I have often said that it is a great way to understand how cryptocurrencies work and how to invest in the market."
Is the investment in Doge a wise decision?
The Meme Coin, which started jokingly in 2013, has had a turbulent year so far. At the beginning of 2021, the price was about $ 0.01. Shortly afterwards, however, it shot up and reached a all-time high of around $ 0.74 in May.
And when many experts thought that the next ATH from Doge would reach the milestone of $ 1, the price began. At the time of writing these lines, it is traded at around USD 0.25.
Dogecoin is often referred to as a trendy cryptocurrency that is preferred by younger generations, and has attracted the attention of numerous prominent names, including Elon Musk. Teslas CEO also He had personally invested in it.
The CSO of CoinShare-Meltem Demirors, for example, believes The latest fascination for Dogecoin is a speculative mania and a bubble.
Michael Saylor-co-founder and CEO of Microstrategy-also faced a Doge opponent. He should be very careful when they should be in it Invest because it plays a temporary role.
Selected image with the friendly approval of CNBC
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