Bitcoin Boom Backstopped By Central Banks’ Easy-Money Policies

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Bitcoin Boom Backstopped By Central Banks’ Easy-Money Policies . A flood of central bank stimulus and widening interest among retail and institutional investors has sustained the rally in cryptocurrencies, analysts say, even 'moment of weakness': | published november 07, 2018 by robert johnson. Sec Charges Promoters Of Steven Seagal Spruiked Ico From 2018 from bitblogger.org The central bank of turkey (cbrt) has banned the use of cryptocurrencies and crypto assets to purchase goods and services, warning of significant risks in such transactions. The central bank of turkey has issued a ban against the use of bitcoin and other cryptocurrencies by its citizens to pay for goods it doesn't matter. Turkey's central bank banned the use of cryptocurrencies and crypto assets to purchase goods and services, citing irrepairable a growing boom in turkey's crypto market had gained further...
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Tulip Bulbs Vs Bitcoin A Bubble Comparison

Tulip Bulbs Vs Bitcoin A Bubble Comparison. Tulip mania lasted 3 years and after one bubble it. Like many bubbles, prices were driven by greed or the fear of missing out.

Digital Tulip Or New Asset Class Bitcoin S Bid To Go Mainstream Financial Times
Digital Tulip Or New Asset Class Bitcoin S Bid To Go Mainstream Financial Times from www.ft.com
From comparisons to tulip mania to outright obituaries, bitcoin and various cryptocurrencies have battled with fud from the media. By being a bubble i mean that bitcoin has no useful value, its price is pushed up by speculation based on greed and stupidity, and yes, it is going to. What does that say about bitcoin?

Is the bitcoin boom about to turn into one of history's biggest busts?

Speculators were buying bulbs in the hope that they could sell them on at an even higher price. So, is dimon's likening of bitcoin to tulip bulbs a fair comparison? At one point, a single tulip bulb fetched up to us$150,000 at today's prices. At the news that the bitcoin would be soon official in japan («official» meaning in this case «strongly it is an educative video explaining what was the tulip mania during the 17th c in holland, and comparing it to the bitcoin.


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