by Interesting charts: Over 50 hedge funds attracting investors who want to go long bitcoin and the rest. Helps explain why the prices are going up even as there is no intrinsic or conversion value whatsoever, which, presuming that to be the case, also means that at some point the mania ends and the price goes all the way back to 0: Hedge funds are cashing in on bitcoin mania — there are now 50 dedicated to cryptocurrencies Digital currencies, such as Bitcoin, are powered by distributed ledger technology and are not controlled by a centralized authority. The market for such currencies has exploded with over 800 coins on the market with a combined marketcap of 6 billion. Autonomous NEXT, a fintech analytics firm, released a list of 55 cryptocurrency hedge funds on
Topics:
WARREN MOSLER considers the following as important: Uncategorized
This could be interesting, too:
Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.
Lars Pålsson Syll writes Mainstream distribution myths
Dean Baker writes Health insurance killing: Economics does have something to say
Lars Pålsson Syll writes Debunking mathematical economics
Interesting charts:
Over 50 hedge funds attracting investors who want to go long bitcoin and the rest. Helps explain why the prices are going up even as there is no intrinsic or conversion value whatsoever, which, presuming that to be the case, also means that at some point the mania ends and the price goes all the way back to 0:
Hedge funds are cashing in on bitcoin mania — there are now 50 dedicated to cryptocurrencies
Digital currencies, such as Bitcoin, are powered by distributed ledger technology and are not controlled by a centralized authority. The market for such currencies has exploded with over 800 coins on the market with a combined marketcap of $166 billion.Autonomous NEXT, a fintech analytics firm, released a list of 55 cryptocurrency hedge funds on Tuesday, illustrating the mounting interest in the space.
Protecting their investors…
;)
Bitcoin price drops $200 after new ruling from Chinese regulators
Another interesting chart:
Still no pick up in site:
