Bitcoin Bubble Burst 2021 Reddit
- Get link
- X
- Other Apps
Bitcoin Bubble Burst 2021 Reddit. Twelve years after its launch at the hands of pseudonymous coder satoshi nakamoto, the original cryptocurrency has been skyrocketing in price to unprecedented heights. Starting as early as 2011, similar runups have ended in dramatic crashes.
A community dedicated to bitcoin, the currency of the internet. Ever since bitcoin burst on the scene almost exactly 12 years ago, controversy has reigned over whether btc's incredible price spikes are mere market bubbles or instead representative of the role digital assets some suggest events like today are yet another example of a bitcoin bubble bursting. Digital currency group founder barry silbert supported the theory during an interview to cnbc.
Digital currency group founder barry silbert supported the theory during an interview to cnbc.
Andreas park, an associate professor of finance at the university of toronto agrees that bitcoin is a bubble, but argues that because the digital currency has been assigned. Lee's feelings toward bitcoin seem to parallel the opinions of market analysts who are bearish on crypto entirely. Will we see the crypto bubble burst in 2021? Three years after the bubble that inflated its value from us$5,000 to us$20,000 in less than three months burst in spectacular fashion, plunging more than 80%, the cryptocurrency is again on the verge of a record high.
- Get link
- X
- Other Apps
Comments
Post a Comment