2020 found treasuries behaved consistently as a safe haven gold occasionally and bitcoin never. The indicators on the chain indicate that bitcoins current rise is more driven by institutional investors and there is still room for growth in bitcoin.
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Bitcoin growth driven speculative investors. Behind the talk of digital gold is the reality of an erratic still speculative asset with the potential for big price swings. Since january bitcoin has gained 160 bolstered by strong. 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.
Is bitcoins growth driven by speculative investors. 197 is bitcoins growth driven by speculative investors. 41 place 0 fresh.
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. 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. Is bitcoins growth driven by speculative investors.
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. He challenges the notion. A recent kansas city fed study comparing bonds gold and bitcoin between 1995 and feb.
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. Lag some crashes bugs skepticism and cat pics the audacious plan to launch a solar powered rocket into interstellar space memory vs. 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.
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