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Fund Manager Disproves Popular Stock-to-Flow Model Projecting Bitcoin At $100K By 2021

Last year’s March, a crypto analyst PlanB, who is now known primarily due to his Stock-to-Flow model, proposed a completely new perspective on predicting the price of Bitcoin. This popularized model is based on the idea that the value of scarce assets (such as gold, silver, and of course, Bitcoin) correlates strongly with their scarcity, […] дальше »

2020-7-2 09:50


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Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’

Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open to manipulation by central banks CBDCs are merely digital versions […] The post Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’ appeared first on Bitcoin News. дальше »

2020-5-29 19:10


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Bitcoin Stands to Benefit Greatly From “Deflationary Supercycle”: Here’s How

One of Bitcoin’s main narratives is that it will greatly benefit from a period of inflation, whereas fiat money can buy less and less over time, proving the value of scarce assets. But over the past few weeks, as the macroeconomic outlook has changed, there’s been a serious discussion of an impending deflationary cycle. дальше »

2020-5-15 10:05


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Fed Pledges Additional Stimulus, Adding Fuel to Bitcoin and Gold’s Momentum

As the United States Fed prepares to issue additional stimulus and economic relief efforts, assets like Bitcoin and Gold are gearing up for yet another leg up. How will the latest move to save the economy from a devastating depression impact these two, scarce, safe-haven assets in the days ahead? Federal Reserve Delivers Somber News About Economy, Pledges More Stimulus If Necessary This morning, Federal Reserve Chairman addressed the world via a webcast and revealed […] дальше »

2020-5-13 19:55


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Is The Bitcoin Halving Priced In?

The third Bitcoin halving is expected to occur on May 12. When comparing the price movement and technical readings of the first two halvings, the similarities are scarce. Numerous investors and speculators are anticipating this event and the general interest is at an all-time high, as evidenced by the rapidly increasing google searches for the […] The post Is The Bitcoin Halving Priced In? appeared first on BeInCrypto. дальше »

2020-4-24 15:02


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Is Bitcoin Digital Gold? The Federal Reserve Tears Narrative With New Report

If you’ve been following Bitcoin for any period of time, you likely know of the narrative that the cryptocurrency is some form of “digital gold.” The idea goes that because the asset has similar fundamental characteristics to the precious metal — both are decentralized money, scarce and hard to create, not controlled by a central authority, globally-accepted, and fungible — Bitcoin will become a gold-like asset with time, both in size and price action. According […] дальше »

2020-4-20 13:00


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Bitcoin Is ‘Virtual Property’ Says Second China Court

China has officially recognized Bitcoin as a valid phenomenon for a second time after a court determined it is “virtual property. ” Bitcoin Is ‘Valuable, Scarce And Disposable’ As reported by Caijing quoting the China Securities Journal, a national newsletter published by the Xinhua News Agency, a court in Hangzhou made the judgement during an ongoing dispute between a cryptocurrency exchange and one of its users. дальше »

2019-7-19 15:00