Top Economist Says That the Way to Kill Bitcoin Is to Keep Price Under $1,000

2019-11-20 17:44

A widely-followed economist says suppressing bitcoin price can kill the cryptocurrency. Research supports this assessment as retail traders still dominate the market share. The strong correlation between bitcoin and Google searches point to the vulnerability of retail traders to price manipulation.

Alex Kruger, an economist and trader, took to Twitter to share his thoughts on […]

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Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost

Bitcoin’s recent spike above $9000 has been the talk of the town, with several analysts and proponents of the cryptocurrency vouching for its revival. In a series of tweets, Alex Kruger, a popular economist, spoke about the entry of institutions into the Bitcoin ecosystem and how the switch from retail investors was beneficial to the […] The post Economist calls out JP Morgan analyst for incorrectly equating Bitcoin’s intrinsic value to its mining cost appeared first on AMBCrypto.

2019-6-17 11:30


Ôîòî:

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Speaking with NBC’s Financial News on Monday, Columbia University professor and Nobel Prize-winning economist Joseph Stiglitz spoke disparagingly of Bitcoin and other cryptocurrencies. Among the interview’s biggest highlights are Stiglitz’s comments about the risks of Bitcoin’s anonymity and his assertion that regulatory agencies may possibly “use the hammer” to prevent cryptocurrencies’ further growth.

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