Photographer: Dan Kitwood/Getty Pictures
OK, bitcoin ,sure looks like it&apos,s a bubble. For one thing, there&apos,s that chart:
Up, Up and .
Bitcoin, te U.S. dollars
For another, if you go after the Investopedia definition that a bubble ",is created by a surge ter asset prices unwarranted by the fundamentals of the asset,", there&apos,s the unsettling reality that this particular asset has no fundamentals. Read More…
January turned out to be a difficult month for the cryptocurrency markets.
Bitcoin, the world’s largest currency by market capitalization, dropped close to 30 procent, meaning its market capitalization bald off billions after a torrid end to 2018. Meantime, excitement seemed to fade spil the total value of all cryptocurrencies taken together topped out at $830 billion on Jan. 7, ending the month below $500 billion. Read More…
One opzicht of cryptocurrencies seems to be misleading thousands of investors every day: their astounding U$ dollar market capitalization. Wij noticed that this metric is used strenuously by investors, but there’s an elephant te the slagroom: the numbers you see are fake.
Very first of all, wij need to discuss how thesis market capitalizations are calculated, and once wij do that, you’ll instantaneously see why crypto market caps can’t be real. Read More…
I packaged up my 5th and final project at Metis!
Te this project I combined my passion for cryptocurrency and Gegevens Science!
Specifically, my project wasgoed focused on predicting the price of Bitcoin using Twitter gegevens!
For this I used Facebook Prophet to create what I call a Nested Time Series within a Linear Regression prototype! Read More…
From its high of $20,000, Bitcoin has fallen precipitously to its latest low of $7848 (CMC spot) – a 60% correction te Two weeks. Whether you bought at the top or somewhere te inbetween, our feelings are mutual: THIS Deep-throats! Bitcoin resumes on a downward trajectory and has already cracked strong support around $8,800. Read More…
Maybe you have heard of Bitcoin or the term cryptocurrency. If so, you may also be aware that many of them have experienced rapid price increases te the last few years. One the latest coins to rise to prominence is called Ripple. It is a little different ter the way it is set up compared to most of the other 1300 or so cryptocurrencies that presently exist. Read More…
Bitcoin, the leading digital currency by market capitalization, has grown te value by more than Ten times at its highest point this year, but it has also seen significant plunges te value. Still, a number of cryptocurrencies have managed to come out on top. (See also: Bitcoin Price Takes Backstage spil Altcoins Rally.)
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