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1  Economy / Speculation / Bloomberg report Bull run on: April 24, 2020, 08:09:29 AM


 Born From the Financial Crisis, Bitcoin Maturation Accelerating
 Stock-Market Shakeout Accelerates Bitcoin's Gold-Like Transition
 Bitcoin Futures Taming Bull Calf Toward Digital Version of Gold
 Bitcoin and Gold Showing Convergence With Endurance
 Covid-19 Supporting Bitcoin On-Chain Indicators, Dominance
 Covid-19 May Give Libra Life, Spur Fed's Digital Currency Spirit

"This year marks a key test for Bitcoin's transition toward a
quasi-currency like gold, and we expect it to pass. Unlike the
stock-market reset but similar to gold's, Bitcoin had its
shakeout, stabilizing the foundation amid unprecedented
global monetary stimulus and increasing adoption".
2  Economy / Speculation / Bitcoin cannot be banned on: November 14, 2019, 09:55:34 AM
An interesting read on the economics of Bitcoin:


The Progression of Denial & Stages of Grief

The skeptic’s narrative consistently shifts over time. Stage one of grief: bitcoin could never work – it is backed by nothing. It is nothing more than a present-day tulip mania.  With each hype cycle, the value of bitcoin rises dramatically and is then followed by a correction. Often extolled as a crash by skeptics, bitcoin fails to die and in each instance, it finds support at levels higher than prior adoption waves. The tulip narrative becomes tired and the skeptics move on to more nuanced issues, re-anchoring the debate.  Stage two of grief follows: bitcoin is flawed as a currency. It is too volatile to be money, or it is too slow to be a payments system, or it cannot scale to satisfy all the payments in the world, or it wastes energy. The list goes on. This second step is a progression of denial and it is a significant departure from the idea that bitcoin is nothing more than nothingness.
3  Economy / Speculation / Interesting reads on future of Bitcoin price on: December 17, 2018, 02:32:45 PM
A couple of interesting reads on Bitcoin future price:


Their ending note was:

Statements proclaiming the death of the cryptoasset industry have been made after every global
ecosystem bubble. While it is true that the 2017 bubble was the largest in Bitcoin’s history, the market
capitalisation of both Bitcoin and the cryptoasset ecosystem still exceeds its January 2017 levels –-
prior to the start of the bubble. This report has shown that the speculation of the death of the market
and ecosystem has been greatly exaggerated, and so it seems likely that the future expansion plans of
industry participants will, at most, be delayed.

The State of Bitcoin Long-Term Value Potential & Analysis
4  Economy / Speculation / An interesting read on BTC price on: October 24, 2018, 01:12:16 PM
See below link:

It's a long read, but interesting nonetheless.
5  Economy / Speculation / BTC halving and miner sell price on: October 05, 2018, 08:23:32 AM
At around May 2020 the block reward for Bitcoin mining will drop from 12.5 BTC to 6.25 BTC.  In past halvings in 2012 and 2016, approximately 12 - 18 months after the halving new ATHs in price were reached. 

Is this due to miners gradually not selling the coin at the market rate due to the lower amount of BTC mined, thus causing lower supply and more demand?

Past performance doesn't necessarily reflect future performance, but with the halving being a fixed event every 210,000 blocks, and supply decreasing as a result,  what is the likelihood that around the latter part of 2021 there will be a new ATH?
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