Sunday , 25 February 2018


Currencies

The Bitcoin Bubble Explained in 4 Charts

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Many financial pundits and crypto advocates have scrambled to argue whether Bitcoin is a bubble or not so, as the financial community takes sides, I have dug into Bitcoin’s tremendous run using nothing but hard data to see whether it’s in bubble territory or not. Below is what I found as illustrated in 4 charts.

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Bitcoin Has Smashed Through the $7,000 Mark – What Does Its Future Hold?

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The upward momentum that we are witnessing at the moment in Bitcoin is certainly not sustainable indefinitely. Anything that goes up that fast is eventually going to come down, and those that invest at $7,000 could end up seeing the price fall back several thousand dollars or, conversely, the euphoria surrounding Bitcoin could propel it through the $10,000 mark and make all of the skeptics look like idiots.

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A Return to the Gold Standard Has Major Shortcomings – Here’s Why

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World Bank president Robert Zoellick has stirred up a hornet's nest with his recent call for a return to a gold anchor in the global financial system. The usual suspects immediately denounced him - Keynesian Brad DeLong has [gone so far as to] anoint Zoellick the "Stupidest Man Alive" - [and I would like to add my voice to the chorus by explaining] the dangers of Zoellick's gold proposal, and why fans of the classical gold standard should be wary. Words: 1708

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