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It appears that Bitcoin is currently seeing its value break ranks with its transaction volume.
Festival director Brett Jefferson Stott concurs: "I think a lot of institutions are now looking back at the archives and seeing its value as a record of society – of how people are and how they represent themselves".
Many owners buy property in the hope of seeing its value grow, the report found, and when they or their banks lose confidence in a neighborhood, they cut reinvestment.
Why? Recurring revenue, which is seeing its value rise.
After seeing its value rise from $5,850 in late June to almost $8,400 on July 24 it has been on a slippery slope with a few short dead cat bounces and has fallen back to just above $6,000.
Armed with this information, the consumer who wants to buy a home but is afraid of seeing its value drop after purchase isn't necessarily overreacting.
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"People are usually willing to pay for a technology once they're exposed to it and see its value," he says.
It's possible to read a novel like The Catcher in the Rye and not "get it" or see its value immediately.
And it has also seen its value slide against the Saudi Arabian riyal and China's renminbi.
The idea is to build enough momentum so the person who makes the business decisions will see its value and buy it.
The Saudis apparently figure that they might as well sell as much as they can now for whatever they can get, rather than leave it in the ground and see its value wither.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com