• No questions for this search term

Is there a cryptocurrency bubble building in 2017 and by when will it burst?

Compare versions Back to question

  1. Study the background information carefully.
  2. Read the background information carefully, before proceeding.

Wiki article

Edit

Cryptocurrency are a digital asset class created (in most cases) by a decentralized blockchain. Invented by the pseudonomous Satoshi Nakamoto, the first Blockchain, Bitcoin, reached an early peak late 2013, when it rose from a market capitization of 2bn USD to 15bn USD in less than 3 months. Followed by a rapid crash to 10bn (2/3) and a slow decline the following 2 years.

Bitcoins First Bubble - Copyright: coinmarketcap.com

 

 

 

 

 

 

 

Since 2016 a new boom is emerging steadily, while the "Bitcoin dominance" went down with accelerating spead in favor of a more diverse currency portfolio.