Category Archives: Economics of bitcoin
Gold, Bitcoin and the Blockchain Replaces the Banks – Realists Guide To The Future
Gold, Bitcoin and the Blockchain Replaces the Banks – Realists Guide To The Future – Futurist guide to 2028 shows a world of uncertainty and disruption– One scenario suggests cybersecurity attacks will result in bitcoin and blockchain’s dominance of financial systems– Cybersecurity threat will still loom large and wreak havoc. Gold, silver and other real […]
Bitcoin – Millennials Fake Gold
I’ve been asked about Bitcoin a lot lately. I’ haven’t written anything about it because I find myself in an uncomfortable place in agreeing with the mainstream media: It’s a bubble. Bitcoin started out as what I’d call “millennial gold” – the young (digital) generation looked at it as their gold substitute. Bitcoin is really […]
Why This Canadian City Could Be The Epicenter Of The Next Bitcoin Rush
There is a new Gold Rush 2.0 currently underway across the world, and prospectors have their eyes set on Winnipeg City in Manitoba, Canada. In 1848 through 1849, the news of gold quickly spread around. People from Hawaii and Latin America were the first to hear the breaking news. Next came the rest of the U.S., […]
Here Is The One Commodity That Is More Volatile Than Bitcoin
There has been a lot talk lately – and especially after today's latest crash – regarding how volatile Bitcoin is, and for good reason, Bitcoin’s 30 day realized volatility is a shade under 96% at 95.5%, which implies a daily move of 5.8%. By comparison, the S&P 500 has a volatility of 6.5% and an […]
Bitcoin Plummets Below $14,000; Peter Schiff Says ‘Mark It Zero’
Update: 1005ET: The carnage across cyrptocurrencies has escalated with Bitcoin back to a $13K handle, Ethereum back below $700, and Bitcoin Cash below $2,600… Bitcoin is now almost $6,000 off its record high… For those who are keeping track… $0000 – $1000: 1789 days $1000- $2000: 1271 days $2000- $3000: 23 days $3000- $4000: 62 […]
Bitcoin Trust Plunges As Arbitrage Spreads Collapse
Just a week after CME started Bitcoin futures trading (and 2 weeks after CBOE), a number of massive arbitrage premiums have finally started to collapse as shorts dip their toes in a risk-limited way… The first 'arbitrage' is the Bitcoin Futures-Spot spread which was well over $2000 in the first few days of Bitcoin Futures […]
“We Got Ourselves A Full-Blown Mania…”
Authored by Kevin Muir via The Macro Tourist blog, I often get asked by younger traders what it was like to trade in the DotCom bubble. When I tell them stories about the madness that prevailed at the time, they shake their heads in disbelief about how stupid my generation could have been. They have […]
Stop Treating Bitcoin Like A Stock
Authored by Jordan Stephens via Hackernoon.com, It’s not. I don’t know about you, but I’ve never felt so compelled to drink in my life than the past week watching Bitcoin. It’s like watching a paper airplane bounce in the wind that could either nosedive any moment or catch another swift gust upward. I get it. […]