[2015-04-06] Chicago Tribune: What Bitcoin might tell us about market crashes

[pitham1]

What Bitcoin might tell us about market crashes

http://www.chicagotribune.com/news/sns-wp-blm-news-bc-bitcoin-comment06-20150406-story.html

Predicting big market crashes is a difficult business, many would say impossible. If enough investors believe a cataclysm is coming, their selling will simply make it happen sooner -- a dynamic that would quickly render any convincing forecasting method obsolete.

Nonetheless, a pair of physicists -- drawing inspiration from the market for bitcoin, no less -- might be on to something.