The first: there is only 21 million Bitcoin that will ever exist. There will be no more and no less and this number will always stay static. This makes bitcoin more scarce than anything that has come before it. Other scarce assets are not 100% finite and in some cases, they can be s...
One of the biggest questions surrounding Bitcoin is why it is worth anything at all. A popular candidate for answering this question is the influence of merchant adoption. One of the biggest questions surrounding Bitcoin is why it is worth anything at all. A popular candidate for answering this...
The blockchain ledger system tracks every transaction made using bitcoin so that everyone has a consensus on what bitcoin is worth in any given period (like seconds). Demand for bitcoin has been growing: With more and more people using bitcoin, demand for it has been increasing. Because of t...
Dr. Jim Dahle has argued that he is more or lessneutral on cryptoas an asset class, and he thinks we as high-income professionals do not need crypto in our portfolios. He also stated that even if crypto does thrive, Bitcoin is akin to AOL, and it will not be the winner when all i...
Jim Wang
as demonstrated by the exchange rates it has experienced in the past. At one point, 1 BTC was valued at less than $1—more than one decade later, that same bitcoin would have beenworth morethan $75,000.3Prices have varied wildly since Bitcoin was introduced, but this volatility has many ...
“If Bitcoin remains a small niche, it’ll be worth less per unit than existing currencies. If you imagine it being used for some fraction of world commerce, then there’s only going to be 21 million coins for the whole world, so it would be worth much more per unit,” he equally ...
SEE ALSO:Ethereum: The not-Bitcoin cryptocurrency that could help replace Uber But is the rally over, or has it only just begun? And what has propelled the explosive growth in the first place? In the world of cryptocurrencies, answering these questions is anything but easy. ...
Bitcoin halvingis a much-awaited recurring event in thecryptocurrencyspace. The entire crypto community eagerly anticipates its once every four-year occurrence, the latest of which occurred in April 2024. But what is it all about? And is the Bitcoin halving event really worth the hype it gets...
The crypto market correction appears to be accelerating as fear mounts following Bitcoin's drop from all-time highs. Cointelegraph explains why.