Bitcoin and What Happens in the Aftermath of Bubbles
This article will explore 2 questions: Has bitcoin bottomed yet? And, what does the aftermath of major bubbles bursting look like and its implications for price? Thursday, bitcoin had a relief rally in sympathy with most other commodities as the Swiss National Bank (SNB) de-pegged the Swiss Franc from the Euro. This was a surprise move by the SNB but was necessary as being pegged to the Euro has been killing the Franc as the Euro has been sinking against a strong dollar due to Eurozone economic malaise. A previous article written on this subject can be found here. There is a lot of....
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There are many ways to make money, but using money to make money is the most efficient way. Finance is an industry that makes money with money. However, finance and bubbles are like twin brothers. Wherever there are financial products, there are bubbles. In the eyes of ordinary people, bubbles are risks, so ordinary people […]
Far from being damaging to bitcoin, bubbles help bring in new users and ultimately accelerate the project's growth.
Results from the past do not offer guarantees for the future. It's the legal disclaimer that comes with every new financial brokerage account and trading promotion. And for good reason. Because results from the past, do not offer a guarantee for the future. Then again, history tends to repeat itself. Let's take a look at the two most recent Bitcoin bubbles: Bitcoin to USD - Jan 2013 to Oct 2013. Bitcoin to USD - Aug 2013 to Jul 2014. If you superimpose them over each other, a clear pattern emerges: Bitcoin to USD chart - April 2013 and December 2013 bubbles superimposed. The similarity....
Vikram Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University who recently explained why Bitcoin is not in Bubble territory. Is There a Bitcoin Bubble That’s About to Pop? Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University and a senior fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also the author of “Boombustology: Spotting Financial Bubbles Before They Burst.” In a recent article in LinkedIn he asks: Is there a bitcoin bubble about to burst? He....
There have been four noteworthy bubbles in bitcoin’s life when the price exploded after rising slowly. Being speculative in nature, the bubble may soon burst, sending the price crashing down before settling at a range above the pre-bubble level. Bitcoin.com examines past bitcoin bubbles and explores when the next one could be. The First Spike. The first....