Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says

Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-5-20 14:54

Banking behemoth JP Morgan Chase & Co. has taken another shot at Bitcoin, claiming the cryptocurrency‘s latest rally has pushed its price beyond its “intrinsic value. ” “Over the past few days, the actual price has moved sharply over marginal cost,” JPMorgan analysts wrote in a note obtained by Bloomberg.

“This divergence between actual and intrinsic values carries some echoes of the spike higher in late 2017, and at the time this divergence was resolved mostly by a reduction in actual prices. ” To come to this conclusion, the JP Morgan team treated Bitcoin as a commodity, calculating its “cost of production”…

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2019-3-20 01:45


BetterHash Can Improve Bitcoin Mining Decentralization, But When?

The level of centralization in mining is one of the more credible problems with Bitcoin today. While there has not been much activity in terms of actual attacks made possible through mining centralization (although some would refer to SegWit2x as an attack), it does add questions to the level of security offered by various layer-two […] The post BetterHash Can Improve Bitcoin Mining Decentralization, But When? appeared first on Coinjournal.

2019-3-12 16:15


Ôîòî:

FCA: Cryptocurrency noobs still buy Bitcoin without understanding it

It’s been 10 years since Bitcoin and its underlying blockchain first emerged, but it seems consumers are still largely uninformed about the inner workings of the technology. Today, the UK’s Financial Conduct Authority (FCA) released two pieces of research – qualitative interviews and a national survey – looking at consumer’s attitudes towards crypto-assets, and found that most people still don’t fully understand what they’re buying.

2019-3-7 17:33


Ôîòî:

Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

2019-2-15 22:18


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