Bitcoin Driven By Speculative Investors

A recent kansas city fed study comparing bonds gold and bitcoin between 1995 and feb. Twitters launch of fleets.

Could Bitcoin Replace Gold

Bitcoin is now buying and selling close to 18000 up nearly 100 in six months notes bloomberg columnist lionel laurent and it is flirting with an all time excessive reached in 2017 which given it was adopted by an unpleasant crash trustworthy bitcoiners would quite neglect however what exacty does that imply.

Bitcoin driven by speculative investors. The investor told cnbc on wednesday that the crash in bitcoins price after its record highs in 2017 was the result of a global speculative frenzy driven by retail investors. Bitcoin remains exceptionally volatile and its trading is mostly driven by speculation as opposed to clear fundamentals. Its a wager that has drawn eye rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold.

Lag some crashes bugs skepticism and cat pics the audacious plan to launch a solar powered rocket into interstellar space memory vs. Bitcoin investors which include top hedge funds and money managers are betting the virtual currency could more than quintuple to as high as 100000 in a year. Behind the talk of digital gold is the reality of an erratic still speculative asset with the potential for big price swings.

Bitcoin investors which include top hedge funds and money managers are betting the virtual currency could more than quintuple to as high as 100000 in a year. In may paul tudor jones one of wall streets best known hedge fund managers said he had put. Soon after though investors began talking about bitcoin as a beneficiary of the global downturn.

2020 found treasuries behaved consistently as a safe haven gold occasionally and bitcoin never. How 35 years has changed the trade offs to explain away dark matter gravity would have to be really weird is bitcoins growth driven by speculative investors. Is bitcoins growth driven by speculative investors.

Bitcoin remains exceptionally volatile and its trading is mostly driven by speculation as opposed to clear fundamentals share on twitter opens new window share on facebook opens new window. He challenges the notion. Many well known exchanges suffer too often from technical glitches withdrawal outages opaque operating structures and lacklustre government and internal oversight.

1 min read november 22 2020 bitcoin is now trading near 18000 up almost 100 in six months notes bloomberg columnist lionel laurent and its flirting with an all time high reached in 2017 which given it was followed by an ugly crash faithful bitcoiners would rather.

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