Bitcoin: Money or Financial Investment | St. Louis Fed
"Economists like to argue that money belongs in the same class as the wheel and inclined plane among ancient inventions of great social utility. Price stability allows that invention to work with minimal friction."  Bitcoin has become a cultural and financial phenomenon. While many people have heard of Bitcoin, far fewer understand it. In short, Bitcoin is a digital currency, or "cryptocurrency," that allows person-to-person transactions independent of the banking system. Bitcoin is not a physical coin that you keep in your purse or wallet. Rather, it is a virtual currency?a digital computer code you store in a virtual wallet in cyberspace and access with a computer or smartphone app. Some see Bitcoin as revolutionary because it allows people to transfer money to each other very easily (like sending an email), even across international borders. Lately, however, many people are buying this virtual currency purely as a financial investment, hoping it will appreciate, rather than using it for transactions. So which is it?currency or financial asset? Or perhaps the line dividing one from the other is not very clear. This information was discovered by us on January 16, 2019 4:32 PM. You may want to visit research.stlouisfed.org for more similar content.

Bitcoin price update on Monday September 18 - Business Insider Menu Icon Bitcoin price update on Monday September 18 - Business Insider Menu Icon
LONDON ? The price of Bitcoin is surging on Monday after a week in which it lost more than $1,000 in value and dropped below $3,000 per coin for the first time in over a month. Bitcoin collapsed spectacularly last week as news of a regulatory crackdown in China broke. The cryptocurrency dropped 16% against the dollar on Thursday after Chinese media reported that the country's regulators were moving closer to shutting down exchanges. But Bitcoin is now surging again. By 9.00 a.m. BST (4.00 a.m. ET), Bitcoin is up by more than 6% against the dollar ? its key pairing in the currency markets ? to trade at $3,950 per coin, just below the psychologically significant $4,000 mark, as the chart below illustrates: This data was discovered by us on January 16, 2019 4:32 PM. You may want to visit www.businessinsider.com for more similar content.

Bitcoin's price keeps breaking records. Here's what's driving its growth. - Vox clock menu more-arrow no yes vox-mark Bitcoin's price keeps breaking records. Here's what's driving its growth. - Vox clock menu more-arrow no yes vox-mark
Where technology and economics collide Bitcoin reached a record high on Tuesday, climbing above $2,900 for the first time. That?s more than double the price at the beginning of May, and an incredible 500-fold increase over the past five years. For Americans, the soaring value might seem like a puzzle, since it doesn?t seem like the payment network is any closer to mainstream acceptance here. But experts tell me that the currency?s recent growth is driven by soaring demand in Asia. ?Based on the data we've collected, we think speculation in the primary driver,? said Garrick Hileman, a Bitcoin expert at the Cambridge Center for Alternative Finance, in an interview in late May. Hileman says that surveys show most users buying and selling bitcoin for speculative purposes rather than to buy things or send cash to other people. This information was obtained by us on January 16, 2019 4:32 PM. Visit www.vox.com for additional posts.

Beyond the bubble: What happened to bitcoin in 2018 Beyond the bubble: What happened to bitcoin in 2018
The apps, books, movies, music, TV shows, and art are inspiring our some of the most creative people in business this month The struggles and triumphs of prominent women in leadership positions The major tech ecosystems that battle for our attention and dollars What?s next for hardware, software, and services Our annual guide to the businesses that matter the most Leaders who are shaping the future of business in creative ways New workplaces, new food sources, new medicine--even an entirely new economic system Celebrating the best ideas in business An award-winning team of journalists, designers, and videographers who tell brand stories through Fast Company's distinctive lens This post was found by us on January 16, 2019 4:32 PM. See www.fastcompany.com to find more similar content.

Bitcoin Reached $20,000, Let s Analyse Why The Price Is Rising So Fast - The Financial Gazette Bitcoin Reached $20,000, Let s Analyse Why The Price Is Rising So Fast - The Financial Gazette
Input your search keywords and press Enter. Bitcoin reached highs of $20,000 internationally yesterday as its meteoric rise continues. Average prices crossed the $16,000 mark on the day. It still boggles the mind that we started this year at about $1000 and in eleven odd months the price is reaching twenty thousand dollar highs. That is growth unheard of in investment circles. [?] Articles appeared first on Techzim; Bitcoin Reached $20,000, Let?s Analyse Why The Price Is Rising So Fast © 2018 ALL RIGHTS RESERVED THE FINANCIAL GAZETTE Website by Calmlock Digital Marketing This data was obtained by us on January 16, 2019 4:31 PM. Check out www.financialgazette.co.zw to find more similar content.

All the reasons why Bitcoin is dropping so fast in 2018 All the reasons why Bitcoin is dropping so fast in 2018
Bitcoin is one of the most volatile digital assets in the world. Since its invention in 2009, there have been times the cryptocurrency lost value overnight, leaving investors in dismay. The currency?s worst crash in a single day happened on April 7th, 2013. After a slew of media coverage, bitcoin?s value went up from $30 on March 7th to $233 in one month. Out of the blue, the coin?s value lost 71% value one night, opening April 8th at $67. Bitcoin has also had some good moments. In fact, the coin?s story is one of triumph. From humble beginnings and a pseudo-anonymous founder, the cryptocurrency started at the bottom to reach $19,000 in eight years. This posting was found by us on January 16, 2019 4:31 PM. See knowtechie.com for more similar content.

History of bitcoin - Wikipedia History of bitcoin - Wikipedia
Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of exchange that uses cryptography to control its creation and management, rather than relying on central authorities.[1] The presumed pseudonymous Satoshi Nakamoto integrated many existing ideas from the cypherpunk community when creating bitcoin. Over the course of bitcoin's history, it has undergone rapid growth to become a significant currency both on and offline ? from the mid 2010s, some businesses began accepting bitcoin in addition to traditional currencies.[2] Prior to the release of bitcoin there were a number of digital cash technologies starting with the issuer based ecash protocols of David Chaum and Stefan Brands.[3][4][5] Adam Back developed hashcash, a proof-of-work scheme for spam control. The first proposals for distributed digital scarcity based cryptocurrencies were Wei Dai's b-money[6] and Nick Szabo's bit gold.[7][8] Hal Finney developed reusable proof of work (RPOW) using hashcash as its proof of work algorithm.[9] This post was found by us on January 16, 2019 4:31 PM. See en.wikipedia.org to find more similar content.

16 Predictions for the Bitcoin Price from Industry Experts 16 Predictions for the Bitcoin Price from Industry Experts
Knowing the bitcoin exchange rate for 2019 will allow you to plan investments in cryptocurrency and extract maximum profit from them. What price for bitcoin can we expect in 2019? What do the experts say? What should an investor be looking at? In December 2017, the cost of bitcoin went over the $20,000 mark, which made even those with no previous interest in cryptocurrency start to think about investing in it. The experts announced a great future for virtual coins. Many offered positive forecasts of the bitcoin exchange rate for 2018, assuring the future increase in the price of BTC, increasing interest in mining, and the possible recognition of crypts in different countries. This article was first seen by us on January 16, 2019 4:31 PM. See hackernoon.com for complete listings from this source.

Bitcoin's incredible surge takes it above $9,500 Bitcoin's incredible surge takes it above $9,500
We're no longer maintaining this page. For the latest business news and markets data, please visit CNN Business The virtual currency rocketed above $9,000 for the first time on Sunday and was trading above $9,500 by Monday morning in Asia. Stock markets around the world have been on a tear this year, but their gains are paltry compared with bitcoin's. The digital currency, which only rose above $8,000 about a week ago, has surged an incredible 860% since the start of the year. Despite skepticism from some top finance executives about bitcoin's rise, experts say the latest gains appear to have been fueled by expectations that big professional investors -- such as hedge funds and asset managers -- could soon pour money into the currency. This data was found by us on January 16, 2019 4:31 PM. Visit money.cnn.com for more from this source.

Literally just one massive chart that says everything about bitcoin in 2017 - MarketWatch Literally just one massive chart that says everything about bitcoin in 2017 - MarketWatch
Published: Oct 12, 2017 6:27 p.m. ET Bitcoin has been busting through $100 milestones at a blindingly fast pace all year long. That?s how long it took bitcoin BTCUSD, +0.84% back in April 2013, to rise from $100 for a single bitcoin to $200. Fast forward four years and the cryptocurrency has shot up over the $5,000 mark and has been scaling $100 milestones in a matter of hours on a routine basis. On Wednesday evening, the price of a single bitcoin was around $4,800; by Thursday afternoon it had shot up to top $5,300 for the first time. While these milestones have become lesser and lesser accomplishments as bitcoin has continued to blaze along its upward path ? bitcoin would now only need to rise 1.9% to go from $5,300 to $5,400, compared with 100% when it doubled to $200 ? it is also indicative of just how astonishingly fast the digital currency has been rising this year. So fast we are barely able to fit all the milestones onto this whopper of a chart (and have been updating it many, many times this year). This data was found by us on January 16, 2019 4:31 PM. Have a look at www.marketwatch.com for more.

Bitcoin hits $10,000 milestone: but is it a solid investment or the next big asset bubble  Telegraph logo Feed of articles Saved articles Save Bitcoin hits $10,000 milestone: but is it a solid investment or the next big asset bubble Telegraph logo Feed of articles Saved articles Save
Bitcoin's price rose past $10,000 (£7,500) on Wednesday morning, a landmark point for the digital currency. It took just three days between it passing $9,000 and $10,000, showing that the price of the currency is not merely increasing, but doing so at a faster rate. Bitcoin jumped almost 9pc overnight to a high of $10,831.75, shrugging off fears the milestone could trigger a wave of selling and . It has now risen tenfold this year, appearing to defy claims that the currency is merely a conduit for online criminals. It has been labelled a fraud and a bubble by high-profile figures in finance, including JP Morgan boss Jamie Dimon, but has attracted increasing interest outside the community of geeks... This item was obtained by us on January 16, 2019 4:31 PM. Browse www.telegraph.co.uk for complete listings from this source.

Four factors driving the price of Bitcoin Four factors driving the price of Bitcoin
Senior Research Consultant, CSIRO Alicia (Lucy) Cameron owns 1.5 Bitcoin and 1.5 Bitcoin cash. Kelly Trinh does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment. CSIRO provides funding as a founding partner of The Conversation AU. Republish our articles for free, online or in print, under Creative Commons license. The price of Bitcoin has dropped to around A$8,000 in the last few days, after almost hitting A$10,000 in the past month, and rising over 1,850% since 2015. All of this shows how volatile the currency is, prompting the question, what leads to such huge movements? This entry was found by us on January 16, 2019 4:31 PM. Check out theconversation.com for more.

What On Earth Is Going On With Bitcoin  - The Atlantic What On Earth Is Going On With Bitcoin - The Atlantic
The cryptocurrency?s current price is completely unreal. Then again, so is money. A bar of gold. A disk of iron. A chain of beads. A card of plastic. A slip of cotton-linen paper. These things are worthless. One cannot eat them, or drink them, or use them as a blanket. But they are valuable, too. Their value comes from the simplest thing. People believe they are money, and so they are. If every currency is a consensual delusion, then bitcoin, a digital cryptocurrency that changes hands over the internet, feels more like a consensual hallucination on psychedelic drugs. The concept of bitcoin was born in a detailed white paper published in late 2008 by a pseudonymous ?Satoshi Nakamoto.? By 2013, one bitcoin was worth $12. As of this writing, it?s worth more than $10,000. Its value has doubled in the last two months alone. For any currency?s value to increase by 100 percent in eight weeks is, to use a technical term, bonkers. If the Japanese yen or American dollar did the same, their economies would plunge into an infernal deflationary spiral. This piece was first found by us on January 16, 2019 4:30 PM. Browse www.theatlantic.com to find more similar content.

Bitcoin surges to $15,000 a 25-percent rise in 48 hours | Ars Technica Bitcoin surges to $15,000 a 25-percent rise in 48 hours | Ars Technica
Sign up or login to join the discussions! Timothy B. Lee - Dec 7, 2017 3:24 pm UTC The astonishing increase means that all bitcoins in circulation are now worth around $250 billion. It's not clear why Bitcoin's price is rising so quickly. Over the last year, the currency's popularity has been buoyed by a larger phenomenon of initial coin offerings?sales of cryptocurrencies that compete with bitcoins. For many people, the easiest way to acquire these alternative cryptocurrencies is to first buy some bitcoins from a bitcoin exchange, then trade those bitcoins for another currency. At this point, Bitcoin seems to be caught up in the self-perpetuating hype cycle of a bubble. This has happened to Bitcoin twice before. In mid-2011, Bitcoin's price rose from $1 to $30 in two months, before crashing back to $2 before the end of the year. Then in early 2013, Bitcoin's price rose from $13 to more than $250 in four months?before losing 80 percent of its value over the course of 48 hours. This post was first found by us on January 16, 2019 4:30 PM. Have a look at arstechnica.com for more from this source.

Why Is Bitcoin's Value So Volatile  Academy caret Investopedia Logo Why Is Bitcoin's Value So Volatile Academy caret Investopedia Logo
Price fluctuations in the Bitcoin spot rate on the Bitcoin exchanges is driven by many factors.  Volatility is measured in traditional markets by the Volatility Index, also known as the CBOE Volatility Index (VIX).  Volatility in Bitcoin does not yet have a generally accepted index since cryptocurrency as an asset class is still in its nascent stages, but we do know that Bitcoin is capable of volatility in the form of 10x changes in price versus the U.S. dollar, in a relatively short period of time. Here are just a few of the many factors behind Bitcoin's volatility: News events that scare Bitcoin users include geopolitical events and statements by governments that Bitcoin is likely to be regulated.  Bitcoin's early adopters included several mal actors, producing headline news stories that produced fear in investors. Headline-making Bitcoin news includes the bankruptcy of Mt. Gox in early 2014 and more recently that of the South Korean exchange Yapian Youbit, and others like the high-profile use of Bitcoin in drug transactions via Silk Road that ended with the FBI shutdown of the marketplace in October 2013. All these incidents and the public panic that ensued drove the value of Bitcoins versus fiat currencies down rapidly.  However, Bitcoin-friendly investors viewed those events as evidence that the market was maturing, driving the value of Bitcoins versus the dollar markedly back up in the short period immediately following the news events.  This share was retrieved by us on January 16, 2019 4:30 PM. Visit www.investopedia.com for additional posts.

Bitcoin price in 2018 could hit $60,000 but another crash is coming Bitcoin price in 2018 could hit $60,000 but another crash is coming
Cryptocurrency entrepreneur Julian Hosp says bitcoin's rapid rise isn't over yet. But there's a catch. "I think we're going to see bitcoin hitting the $60,000 mark, but I also think we're going to see bitcoin hitting the $5,000 mark," said Hosp, co-founder and president of TenX, a firm that wants to make it easier for people to spend virtual currencies. "The question is though, 'Which one is it going to hit first?'" he said. Numerous high-profile critics and several national governments have warned of the dangers of investing in cryptocurrencies, which they say are likely to crash because nothing underpins their value. This item was found by us on January 16, 2019 4:30 PM. Have a look at www.cnbc.com for additional posts.

Bitcoin: How High Can Bitcoin's Price Go in 2018  | Fortune Close Bitcoin: How High Can Bitcoin's Price Go in 2018 | Fortune Close
Had Jerry Brito?s daughter waited longer to emerge, she might have been someone else entirely. In November, as Brito paced the hospital for 23 hours while his wife was in the delivery room, he floated an alternative name for the baby: ?Ten Thousand.? The founding executive director of the nonprofit Coin Center, Brito had spent years advocating for Bitcoin, arguing that the cryptocurrency, and the technology underpinning it, would dramatically change our economy, reshaping the world into which we?re all born. Now Brito was on the cusp of realizing two long-held dreams. Even as his wife went into labor a few days after Thanksgiving, Bitcoin was taking off as well. Worth $950 at the start of the year, its price breached $9,000 while Brito waited in the maternity ward. This explained why his daughter was taking her time, he began saying: ?This baby does not want to be born in a world where Bitcoin is not $10,000.? This piece was obtained by us on January 16, 2019 4:30 PM. You may want to visit fortune.com to find more similar content.

Bitcoin reached an all-time high last year. Now, you might be digging for coal. Bitcoin reached an all-time high last year. Now, you might be digging for coal.
A year ago it seemed bitcoin could do no wrong. On Dec. 17, 2017, the cryptocurrency hit its all-time-high of $20,000 on industry site CoinDesk's price index. Two financial exchanges opened bitcoin futures markets, a move hailed as a step toward legitimizing the currency in the eyes of Wall Street, and waves of amateur investors sought to buy into the frenzy. In a particular show of optimism, one analyst predicted bitcoin prices would rise all the way to $100,000 in 2018. That didn't happen. Instead, bitcoin and other digital coins plummeted this year, punishing portfolios and sowing doubt about the future of cryptocurrencies. This item was discovered by us on January 16, 2019 4:29 PM. Browse www.nbcnews.com for additional posts.

Bitcoin s Price Has Soared. What Comes Next  - The New York Times Bitcoin s Price Has Soared. What Comes Next - The New York Times
SAN FRANCISCO ? Bitcoin has been in a bull market like few the world has ever seen. At the beginning of the year, the price of a Bitcoin was below $1,000. It hit $5,000 in October, then doubled by late November. And on Thursday, less than two weeks later, the price of a single Bitcoin rose above $20,000 on some exchanges, according to Coinmarketcap. The latest price spike has been credited to signs that Wall Street companies plan on bringing their financial heft into the market. At the current cost, the value of all Bitcoin in circulation is about $300 billion. To get a sense of how big that is, all the shares of Goldman Sachs are worth about $90 billion. This piece was retrieved by us on January 16, 2019 4:29 PM. Check out www.nytimes.com for more from this source.

Why Is Bitcoin Surging, and How Long Can This Continue  | NDTV Gadgets360.com Why Is Bitcoin Surging, and How Long Can This Continue | NDTV Gadgets360.com
The value of Bitcoin keeps rising. As we write this, in the last 48 hours itself, Bitcoin has risen nearly $3,000, and is now valued at around $14,800. Less than a month, ago it was nearly 40 percent of that, listed at $5,750 on November 12. And if you had invested at the start of the year, you'd be sitting on over 14x returns right now, as a single Bitcoin was worth less than $1,000 on January 1. After some lows in 2015 Bitcoin has been headed upwards, first steadily, and then dramatically as of this year. What's less clear to many, including people trading in Bitcoin and various experts, is why. Having spoken to a lot of people for this story, we got a sense that there aren't many good answers, and if that sort of talk makes you nervous about investing in Bitcoin, good. There are some real fears that this is a bubble, and if you don't do your research carefully then there's a good chance that you'll lose money if you "invest" in Bitcoin. This posting was obtained by us on January 16, 2019 4:29 PM. Check out gadgets.ndtv.com for complete listings from this source.

As bitcoin s price passes $10,000, its rise seems unstoppable - A lot of zeros the economist down icon down icon user icon down icon magnifier icon hamburger icon close icon up icon up icon up icon print-edition icon twitter icon facebook icon linkedi... As bitcoin s price passes $10,000, its rise seems unstoppable - A lot of zeros the economist down icon down icon user icon down icon magnifier icon hamburger icon close icon up icon up icon up icon print-edition icon twitter icon facebook icon linkedi...
But getting out of such an illiquid asset can be harder than getting in MOST money these days is electronic?a series of ones and zeros on a computer. So it is rather neat that bitcoin, a privately created electronic currency, has lurched from $1,000 to above $10,000 this year (see chart), an epic journey to add an extra zero. Upgrade your inbox and get our Daily Dispatch and Editor's Picks. On the way, the currency has been controversial. Jamie Dimon, the boss of JPMorgan Chase, has called it a fraud. Nouriel Roubini, an economist, plumped for ?gigantic speculative bubble?. Ordinary investors are being tempted into bitcoin by its rapid rise?a phenomenon dubbed FOMO (fear of missing out). Both the Chicago Mercantile Exchange, America?s largest futures market, and the NASDAQ stock exchange have seemingly added their imprimaturs by planning to offer bitcoin-futures contracts. This information was first seen by us on January 16, 2019 4:29 PM. Browse www.economist.com for more similar content.

Why is the Bitcoin price rising so fast  | World Economic Forum Why is the Bitcoin price rising so fast | World Economic Forum
We use cookies to improve your experience on our website. By using our website you consent to all cookies in accordance with our updated Cookie Notice. Bitcoin gained another 6% Wednesday, reaching a new high for the year. The cryptocurrency reached the $450 mark late in the day before falling back to $425. That?s compared with around $250 a month ago. What?s behind this? Investors and brokers can?t agree. In the last few days, explanations have included a rise in demand from China, an upcoming auction by US Marshals of seized bitcoin, and the influence of a convicted Ponzi schemer?s latest gambit. This item was first found by us on January 16, 2019 4:29 PM. Check out www.weforum.org for complete listings from this source.

Bitcoin - Too Far Too Fast Bitcoin - Too Far Too Fast
As Bitcoin surges above $9,250 on the open this Sunday, I have to admit to having some real trepidation at these levels. I have been a proponent of the view that Bitcoin and cryptocurrencies would benefit from the launch of ETFs and futures.  My view is that allowing for easier "adoption" of Bitcoin will help fuel its growth as it lets new investors participate indirectly.  I should not limit that theory to just more traditional ways to invest, like ETFs and futures, but should also include easier ways to establish wallets and to own Bitcoin (and other cryptocurrencies) the "traditional" way.  There are a growing number of "easy" to use guides to getting Bitcoin (I have glanced at many but haven't followed through to verify how well they work of don't work). This information was discovered by us on January 16, 2019 4:29 PM. Browse www.forbes.com for additional posts.

Why Is Bitcoin Rising So Fast, Is it Going To Dump   Steemit Steemit logo Why Is Bitcoin Rising So Fast, Is it Going To Dump Steemit Steemit logo
These are my thoughts please do not take my thoughts as advise. People are dumping Alt Coins and putting their money back into Bitcoin They are getting ready for a Bitcoin Fork which will happen around 25th October The clever people will dump Bitcoin Gold for a quick profit, and go back to Alt Coins, and Bitcoin will have dumped around the Bitcoin Gold Release. Do your research on Google and Youtube, but do not believe everything you read. Make your mind up to what is true. Never believe people who are promoting something. $5210 and rising it will get to the $5500 easily before 25th October and then you will see I made sense. I do not hold Bitcoin at the moment so I am not promoting Bitcoin. This piece was discovered by us on January 16, 2019 4:28 PM. Visit steemit.com for more.

Why is bitcoin s price so high    TechCrunch Why is bitcoin s price so high TechCrunch
Bitcoin?s price has risen stratospherically, a fact that leaves many minor players in the market with massive gains and many bigger players millionaires. But is this a bubble? Are the gains real? And are the bitcoin whales in for a sad Christmas? First we must understand what drives bitcoin price and, in particular, this boom. The common understanding for current growth leads us back to institutional investors preparing for the forthcoming BTC futures exchanges. The primary theory about the astonishing rally being put forward by investors on social media is that bitcoin will soon benefit from big institutional money injections via the introduction of the first BTC futures products. CBOE Global Markets and CME Group are launching new futures contracts on December 10 and December 17, allowing investors to go long or short on bitcoin. This ability makes bitcoin far more palatable to big investors who are currently flooding the market to make profits if and when the bitcoin price falls. This item was retrieved by us on January 16, 2019 4:28 PM. Check out techcrunch.com for complete listings from this source.

Bitcoin Reached $20,000, Let's Analyse Why The Price Is Rising So Fast - Techzim Bitcoin Reached $20,000, Let's Analyse Why The Price Is Rising So Fast - Techzim
Home » Finance » Bitcoin Reached $20,000, Let?s Analyse Why The Price Is Rising So Fast Bitcoin reached highs of $20,000 internationally yesterday as its meteoric rise continues. Average prices crossed the $16,000 mark on the day. It still boggles the mind that we started this year at about $1000 and in eleven odd months the price is reaching twenty thousand dollar highs. That is growth unheard of in investment circles. That is 1900% or 1600% return in less than a year. Why the sudden growth though? It hasn?t always been like this. It took the cryptocurrency about 7 years to get to a thousand. Then in less than a year it grows that rapidly to reach $20,000. What gives? This information was obtained by us on January 16, 2019 4:28 PM. Have a look at www.techzim.co.zw for more.

How is bitcoin rising so fast : ethtrader
Why is bitcoin rising so fast while Ethereum is being ignored? Just because it doesn't have the same media attention? ELI5 attempt: Financial contract to buy or sell x amount of y in the future for z price Very commonly used to buy commodoties and to manage price risk by companies (eg. by grain for bread at a locked-in price) Example: I may sell you a contract that commits me to sell you 1 eth for 700EUR on dec 1 2018 What happens when you short in your example? I'm a bit confused on how that would be profitable for anyone so I must be missing something. Well if you short you secure a price in the future. The rationale would either be, that you expect the asset´s price to fall (you have a contract enabling you to sell it for more) or to lock in a price in the future (think of the farmer wanting to lock-in the price of his grain) This data was first seen by us on January 16, 2019 4:28 PM. Check out www.reddit.com for more from this source.

Ask HN: Why is Bitcoin's value rising so fast | Hacker News
it seems like you're saying potato chips aren't scarce, because I can break the chips in my bag up until everyone in the world has a piece of potato chip, and thereby feed the world. in economic terms, scarcity means that the supply is fixed. and bitcoin supply, by definition and network consensus, is fixed. I think this is what makes 'breaking up potato chips' into a million pieces to solve hunger seem ridiculous. Where-as splitting a coin into values seems natural. To me at least. The amount of money in the hands of institutional investors is huge, multi hundred billions. If a minuscule numbers of these investors put a tiny amount of their portfolio in bitcoin, the price will rocket even further. This information was first found by us on January 16, 2019 4:28 PM. Have a look at news.ycombinator.com for more.

Why is bitcoin s price rising so rapidly - Quora
aGdD obcyW JCEOBDyEfXi FELxucBhYafnegneP Hope this answers your query. :) sZpGosnDsuoirCeFdL YblyR CEexDnYemszsU Price fluctuations in the Bitcoin spot rate on the Bitcoin exchanges is driven by many factors. Volatility is measured in traditional markets by the Volatility Index, also known as the CBOE Volatility Index (VIX). Volatility in Bitcoin does not yet have a generally accepted index since cryptocurrency as an asset class is still in its nascent stages, but we do know that Bitcoin is capable of volatility in the form of 10x changes in price versus the U.S. dollar, in a relatively short period of time (See the Investopedia Bitcoin Center for current updates on the price of bitcoin). This post was retrieved by us on January 16, 2019 4:28 PM. Visit www.quora.com for more similar content.

Bitcoin price news 2018: Why is bitcoin rising today  Will BTC fall again  | City & Business | Finance | Express.co.uk Bitcoin price news 2018: Why is bitcoin rising today Will BTC fall again | City & Business | Finance | Express.co.uk
The value of cryptocurrency bitcoin plunged last month, and again last week, amid fears trading could become illegal in a number of countries. South Korea and India have both issued warnings to the market, threatening to pull the plug in a devastating blow to prices. Already a volatile cryptocurrency, bitcoin hit a record high when it passed $20,000 in December to the delight of investors. But BTC?s value has since shifted unpredictably, with wild drops and subsequent recoveries seeming to become a never-ending cycle of highs and lows. Last week, the value plunged again from nearing £10,000 to $6,000 in just four days. This entry was discovered by us on January 16, 2019 4:28 PM. Browse www.express.co.uk for more similar content.

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