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...

Dot Com Bubble And Bitcoin

Dot Com Bubble And Bitcoin. While there can be no denying that. Thats right the bitcoin bubble and dot com bubble are two very different things!

Why The Bitcoin Bubble Is Different From All Other Bubbles
Why The Bitcoin Bubble Is Different From All Other Bubbles from cdn.benzinga.com
Yes, the dot com bubble lasted for a grand total of five years while the bitcoin will be lucky to make it a year. We believe that bitcoin is here to stay because people value bitcoin —and no, not just in the financial sense, but also in the sense that bitcoin has proved itself. Firstly, bitcoin is now genuinely seen as an alternative to money, with over 100,000 merchants worldwide (including microsoft) accepting it as payment.

While the sentiment and underlying forces of both bubbles may be similar, their performance is a different story.

You might wonder why i would bring this up in conjunction with the cryptocurrency blockchain revolution started by bitcoin adoption, and it seems to be very similar to the dot com bubble. Several trillion dollar internet stocks popped during the bubble. The dot com bubble was when investors in the late 90's poured money into internet startups in the hope that they would become profitable. Erker explained to the telegraph that today's crypto market is.


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