Bitcoin: A Game Changer or A Speculative Bubble?
According to Brian Kelly, CNBC contributor and author of the book "The BitcoinBig Bang". "Bitcoin is the most important innovation in the history of money." This is a huge statement considering that, for many, the bitcoin is nothing more than a speculative fraud. The power of the bitcoin lies in its technology. In an interview given to Entrepreneur, Brian Kelly made it clear that the power of the bitcoin lies in its revolutionary technology, which can effectively support the financial system. With the blockchain technology, the bitcoin transactions are allowed between two anonymous parties....
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According to the most recent Bank of America Global Fund Manager Survey, “long bitcoin” is currently the second most popular trade. Furthermore, the majority of investment managers feel Bitcoin is a speculative bubble and agree with the Fed that inflation is just temporary. Fund Managers Believe Bitcoin Is In a bubble This week, Bank of […]
NFTs are all the rage at the moment. At the same time, some, including Mike Winklemann, AKA Beeple, have described the situation as a bubble. “I absolutely think it’s a bubble, to be quite honest. I go back to the analogy of the beginning of the internet. There was a bubble. And the bubble burst.” […]
Bitcoin is not a speculative bubble fueled by degenerate gamblers. It’s capital flight from collapsing fiat currencies.
Investors have been jumping into Axie Infinity (AXS) in a rush to leverage future upside. This ERC-20 token and its protocol could be the beginning of a new mania in the crypto space and a game-changer for the videogame industry. Inspired by the popular game Pokemon, Axie Infinity allows players to explore in an open-world […]
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....