2 ms·
The best explanation for the timings of the bubbles that I know of is the stock to flow model by PlanB (which suggests that the next one is coming soon, as Bitc
by xiphias2 6y ago
The best explanation for the timings of the bubbles that I know of is the stock to flow model by PlanB (which suggests that the next one is coming soon, as Bitcoin is getting almost as valuable as gold, and in 5 years more valuable as a scarce store of value).
Regarding Tether I think the amount of Tether is really manipulated (and not 100% backed by real USD), but that Bitcoin's 2017 bubble has nothing to do with that. To me it was similar to previous bubbles that I experienced, with similar rollercoaster feelings (though I was much calmer and was much more used to it).