Efficient Market Hypothesis: MicroStrategy’s $650M Bitcoin Buy Has Barely Bee...
Bitcoin price is making an attempt to get back over $18,000 after it flirted with the mid-$17,000 range in the overnight hours. The leading cryptocurrency by market cap has only bled further over the last several days since MicroStrategy CEO Michael Saylor revealed his company’s plans to offer convertible senior notes to raise $650 million […]
Related News
MicroStrategy's debt raise resulted in an estimated $639 million for bitcoin purchases.
This week the Bitcoin Uncensored Podcast with Junseth and Chris Derose interviewed the winner of the 2013 Nobel Prize in Economics, Eugene Fama. Bitcoin Uncensored has given CoinTelegraph the first peek at the interview so that we could publish it for the greater Bitcoin community. Professor Fama is the father of Modern Finance, and one of the biggest proponents of what is known as Efficient-Market Hypothesis (EMH), which states that markets are efficient and that their information is broadcast in their current price. In its different forms this also means that it is impossible to “beat....
The efficient market hypothesis butts up against bitcoin's volatile day while Bitcoiners show solidarity in hosting the white paper.
A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise. Many security price forecasters use technical analysis, sometimes referred to as charting. However, they opt to reject the efficient markets hypothesis (EMH) altogether. The efficient markets hypothesis (EMH), also called the Random Walk Theory, is the idea that current securities prices accurately reflect the information about the firm’s value. Therefore, it is impossible to make excess profits using this information, or gains that are greater than the overall market.....
MicroStrategy’s ongoing “Bitcoin Acquisition Strategy” sees it continue to take on debt to buy more BTC. Why do investors remain excited? The post Why Investors Are So Excited About MicroStrategy’s Bitcoin Acquisition Plan appeared first on Bitcoin Magazine.