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After an unprecedented boom in 2017, the price of Bitcoin fell by about 65% from 6 January to 6 February 2018. Subsequently, nearly all other cryptocurrencies followed Bitcoin's crash. By September 2018, cryptocurrencies collapsed 80% from their peak in January 2018, making the 2018 cryptocurrency crash worse than the dot-com bubble 's 78% ...
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In 2014, Nobel laureate Robert J. Shiller stated that bitcoin "exhibited many of the characteristics of a speculative bubble"; [54] in 2017, Shiller wrote that bitcoin was the best current example of a speculative bubble.
After this bubble burst and a more than 90 percent fall from its all-time high, it might have seemed as if the Bitcoin fad was over. ... The year 2017 started off slowly enough, with Bitcoin ...
With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time around. ... Bitcoin broke $18,000 (£13,549 ...
Download QR code; Print/export ... On 1 August 2017 bitcoin split into two derivative digital currencies, ... George Soros referred to bitcoin as a bubble.
The utilization of blockchain that people are most familiar with are cryptocurrencies – products such as Bitcoin that are meant to serve as digital currencies, but have quickly become extremely ...
Download QR code; Print/export ... most of them using bitcoin. [34] In August 2017, ... described bitcoin as a "pure bubble" as its intrinsic value is zero.