[en] Over the past few weeks, people have regularly asked me what I thought of bitcoin? Where was its market headed? And…, should they invest? Of course, I never give any advice, aside from: “Do your own due diligence”. But, we live in a world of opportunity. Even if it’s a risky and treacherous world. The key to success is trying to understand the hidden intentions and agendas of the key stakeholders and market players. Almost an impossible task! That’s why I decided to summarize in two graphs (and their corresponding MACD analyses), and in two tables, what I know about what’s happening today, and what could happen tomorrow assuming no unforeseen events (Black Swans). The economic value of bitcoin necessarily falls in the interval $[0…∞/21M]. Rational investors are Free to Choose...
Disciplines :
Business & economic sciences: Multidisciplinary, general & others
Author, co-author :
Choffray, Jean-Marie ; Université de Liège - ULiège > Ecole de Gestion de l'Université de Liège