Research & Insights - Cryptocurrencies ... - Bitcoin Suisse

Bank of America: Bitcoin Bubble Is Already Popping

A team of Bank of America Merrill Lynch (BAML) researchers is arguing that bitcoin is one of the "greatest asset price bubbles in history."
In a note released Sunday, the team led by chief investment strategist Michael Hartnett went so far as to categorize the current market, which has seen a 60 percent correction so far in 2017, as a bubble that is already popping, Bloomberg reported.
The bank published a chart comparing bitcoin with famous financial manias: the Mississippi Company and South Sea Company in the 18th century, gold, the U.S. stock market in 1929 and the Dutch tulip bubble in 1637.
A published chart shows that the bitcoin bubble has the greatest asset price appreciation by a significant margin. At its peak, bitcoin's price was nearly 60 times what it had been three years before. Dutch tulip prices only rose by a factor of around 40, the researchers said.
According to CoinDesk's Bitcoin Price Index, bitcoin peaked at $19,783 on Dec. 17. At the time of writing, it trades at $6,835.
BAML's chart shows the aftermath of famous historical bubbles as well as their run-up, indicating that once prices crash, they remain at their new, lower levels.
The same has not proved true of bitcoin so far, however. The recent bitcoin bubble is not history's - or event bitcoin's - greatest bubble. The price of bitcoin shot up 120-fold in 2010 and 2011, to around $11, before crashing. Its rise in 2013 and 2014 was also much steeper than the recent bull market.
That being said, comparisons between the 2017 bubble and previous ones were unfair, the note said. The 2017-2018 bubble had more capital invested in the market than either 2010-2011 or 2013-2014.
The same factor complicates comparisons between bitcoin and the stock market. For example, in August 1929, the New York Stock Exchange's listings were worth well over $1 trillion, adjusted for inflation.
submitted by dominicbagot to u/dominicbagot [link] [comments]

WHAT!! WHALES BUYING $11,000,000,000 OF BITCOIN!!! Altcoin ... Faktencheck Bitcoin BANKS COLLAPSING!! Deutsche Bank, Bank Run, Bitcoin Finextra interviews BAML: Blockchain no longer a concept BITCOIN Y PREDICCION 8 MAR BITCOIN Y MERCADO CRYPTO WIN ...

Deutsche Bank AG Deutsche Bank Research Frankfurt am Main Deutschland E-Mail: [email protected] Fax: +49 69 910-31877 DB Research Management Stefan Schneider 29. Januar 2018 Bitcoin Meinungen, Mythen und Missverständnisse. Bitcoin: Meinungen, Mythen und Missverständnisse 2 29. Januar 2018 EU-Monitor. Bitcoin: Meinungen, Mythen und Missverständnisse 3 29. Januar 2018 ... This is according to a list from the banking giant Bank of America Merrill Lynch (BAML) in which it included some of the best and worst asset classes of the decade. Bitcoin Became One Of The Best Asset Classes In The Last Decade. According to BAML, an investor who would have paid $1 for a Bitcoin in 2010 would now have a $90,026 investment ... The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have ... The risk of a “flash crash” in markets is rising, strategists at Bank of America Merrill Lynch said on Friday, after a week in which previously-booming cryptocurrency Bitcoin tumbled, oil sank, and investors piled into stocks perceived as safer. Rising volatility across a range of asset classes and rapid deleveraging like that seen in oil […] Research. Bitcoin Suisse provides its customers and interested readers with insights on trends and developments in the crypto space. We provide an in-depth look at selected topics ranging from cryptocurrency fundamentals to market analyses. Decrypt Season 2020. Our periodical research publication covering topics all about the crypto space. Available for subscription. Decrypt Season 2019. Our ...

[index] [31791] [25977] [3827] [46556] [42640] [3000] [24724] [1246] [5150] [10777]

WHAT!! WHALES BUYING $11,000,000,000 OF BITCOIN!!! Altcoin ...

You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel ... Bienvenido! Si te gusto el video dale Like y Suscribite! Welcome! If you like please like and subscribe! ganar dinero desafio ganar dinero ganar dinero por i... WATCH LIVE DAILY: 😎 FREE CODING WEBINAR: ️ START TRADING (get great starter deals): https:... Fünf Fragen an Jochen Möbert, Analyst von Deutsche Bank Research, zu Kursschwankungen und der Zukunft der populärsten Kryptowährung. Mehr: BITCOIN 2016 REPEATING!! [MUST SEE] BitMEX - Biggest Financial Fraud? Programmer explains [MUST SEE] BitMEX - Biggest Financial Fraud? Programmer explains - Duration: 57:47.