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By CCN: As the bitcoin price shatters past $8,600, analysts are desperately throwing out wild new price targets. $10,000 in the next week. $30,000 by the end of the year. $1 million by 2020! But ...
Key Takeaways The Bitcoin rainbow chart is a simple, color-coded tool designed to help investors visualize Bitcoin’s long-term price trends and market sentiment. The chart uses logarithmic ...
Exhibit 1: Bitcoin (log chart) power law curves The fundamental distinction is Bitcoin's nature as a technology with strong network effects, which gold inherently lacks.
Exhibit 1: Bitcoin (log chart) power law curves The fundamental distinction is Bitcoin's nature as a technology with strong network effects, which gold inherently lacks. Network technologies often ...
Bitcoin held an 85% market dominance in March 2017, but by January 2018, it plummeted to an all-time low of 32.45%. Bitcoin dominance is currently sitting at 50.1%, according to CoinStats data.
Exhibit 1: Bitcoin (log chart) power law curves The fundamental distinction is Bitcoin's nature as a technology with strong network effects, which gold inherently lacks.