Is Bitcoin a Black Swan Event?

Is Bitcoin a Black Swan Event?

The term "Black Swan Event" describes certain events in history so profoundly unexpected and massive in scale, that they fundamentally changed the course of history. There are good Black Swans (the unpredicted rise of the internet), and bad Black swans (rise of Hitler). The absurdity of a Black Swan ever existing was so outrageous during the middle ages....

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XRP has seen some turbulent price action as of late, with the recent SPARK airdrop giving it massive momentum that sent its price as high as $0.90 on some exchanges, with this proving to be a sell the news event that has caused it to see some serious downside. One black swan event that is […]

Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis

There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience. Bitcoin (BTC) will recover from the FTX “black swan event” just like other setbacks, trading team Stockmoney Lizards believes.In a tweet on Nov. 12, the popular commentator argued that the week’s events were actually nothing new for Bitcoin.FTX "a real black swan event"Despite falling 25% in days, BTC/USD is not doomed as a result of the insolvencies impacting FTX, Alameda Research and possibly other major crypto companies.For Stockmoney Lizards, the unravelling, while sudden, is not....

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