{"id":250724,"date":"2021-05-15T21:10:57","date_gmt":"2021-05-15T18:10:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mark-cuban-crypto-prices-increasingly-reflect-real-demand\/"},"modified":"2021-05-15T21:10:57","modified_gmt":"2021-05-15T18:10:57","slug":"mark-cuban-crypto-prices-increasingly-reflect-real-demand","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mark-cuban-crypto-prices-increasingly-reflect-real-demand\/","title":{"rendered":"# Mark Cuban: Crypto prices increasingly reflect \u201creal demand\u201d"},"content":{"rendered":"<p>&#8220;<strong># Mark Cuban: Crypto prices increasingly reflect \u201creal demand\u201d  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvMzExNTlmZDAtMmE1Mi00MjQ0LWE5NjktYWI2MDNiNDAwYWNkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>In a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real \u201cutility\u201d and \u201cdemand,\u201d and that the day will eventually come when crypto is \u201cmature to the point we wondered how we ever lived with out.\u201d<\/p>\n<p>Cuban posted the 10-Tweet thread this morning, noting that as the asset class matures prices for cryptocurrencies often are now a byproduct of current use, as opposed to speculative eventual utility. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Crypto and each implementation is evolving in real time from &#8220;what is the potential utility&#8221; to &#8220;What is the current utility and how many users does it have&#8221;.  Tokens\/Coin prices  are now less a bet on the future and more a reflection of real demand.<\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcuban\/status\/1393584361375735810?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\u201cHaving more TPS and lower gas fees is not enough,\u201d he wrote, likely referring to often grandiose claims from various layer-one chains with little activity, \u201cThere must be a CURRENT network effect and significant user growth. This is a challenge for most L1s and L2s because w few exceptions, marketing in the crypto universe is beyond awful.\u201d<\/p>\n<p>He noted that he often leaves teams \u201cconfused\u201d when he asks about \u201ctheir products, sales , gross margin dollars and profits,\u201d but that these metrics are hugely important in what he characterized as a tremendously competitive field. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Without users what value does a blockchain or L2 solution have ?  But, they still haven&#8217;t figured out how to sell. They pay premiums  to developers and for liquidity and validators. But invest little Marketing to attract users<\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcuban\/status\/1393584365129633804?ref_src=twsrc%5Etfw\">May 15, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition to marketing woes, the Dallas Mavericks owner said that a lack of widespread understanding about key mechanics such as protocol governance is hampering growth. Not enough is being done, he argued, to \u201cemphasize the impact governance can have on platforms, and their products\/services.\u201d<\/p>\n<p>Eventually, however, he believes that governance participation \u2014 which at its best can be a \u201cthing of beauty\u201d \u2014 will become standard:<\/p>\n<blockquote><p>\u201cI think over time, governance will be expected of all users and most will contribute by at least voting. But today, it is little understood and that&#8217;s is stunting some platforms growth.\u201d\u00a0<\/p><\/blockquote>\n<p>One crypto gets over its current phase \u2014 one where users need to \u201cbe educated and products and services need to be sold and deliver on their initial promises\u201d \u2014 then digital assets \u201ccan mature to the point we wondered how we ever lived with out.\u201d\u00a0<\/p>\n<p>Cuban has been especially bullish in his comments on cryptocurrencies as of late, most notably reiterating his support for BTC and Dogecoin as payment options following disparaging remarks from fellow billionaire Elon Musk that may well have crashed markets:\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We at <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/VUydpLFzGh\">https:\/\/t.co\/VUydpLFzGh<\/a> will continue to accept BTC\/Eth\/Doge because we know that replacing Gold as a store of value will help the environment  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/bs7NvnJY8A\">https:\/\/t.co\/bs7NvnJY8A<\/a> and  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ELhbuLOBRV\">https:\/\/t.co\/ELhbuLOBRV<\/a> shrinking big bank and coin usage will benefit society and the environment <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/zu08F0STEQ\">https:\/\/t.co\/zu08F0STEQ<\/a><\/p>\n<p>\u2014 Mark Cuban (@mcuban) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/mcuban\/status\/1392611938983632896?ref_src=twsrc%5Etfw\">May 12, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/mark-cuban-crypto-prices-increasingly-reflect-real-demand\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Mark Cuban: Crypto prices increasingly reflect \u201creal demand\u201d &#8221; In a Twitter thread today, billionaire investor Mark Cuban weighed in on the current state and the future of blockchain technology and investment, ultimately concluding that while there are real obstacles to adoption asset prices are increasingly reflective of real \u201cutility\u201d and \u201cdemand,\u201d and that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":250725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDUvMzExNTlmZDAtMmE1Mi00MjQ0LWE5NjktYWI2MDNiNDAwYWNkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,75186,74355,72590],"class_list":["post-250724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-dao","tag-adoption","tag-mark-cuban"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/250724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=250724"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/250724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/250725"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=250724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=250724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=250724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}