A 20 page study on the bitcoin predictions by few researchers from Switzerland determines bitcoin’s market capitalization might fall $44 billion by the end of 2018.
Where as Mr. Wheatley explains in conference as “We develop a strong diagnostic, for bubbles and crashes in bitcoin, by analyzing the coincidence (and its absence) of fundamental and technical indicators. Using a generalized Metcalfe’s law based on network properties, a fundamental value is quantified and shown to be heavily exceeded, on at least four occasions, by bubbles that grow and burst.”
“We emphasize that one should not focus on the instantaneous and rather unpredictable trigger itself, but monitor the increasingly unstable state of the bubbly market, and prepare for a correction,”
Read more here:
http://coinmania.online/bitcoin-value-will-fall-44-billion-by-end-of-2018/
Where as Mr. Wheatley explains in conference as “We develop a strong diagnostic, for bubbles and crashes in bitcoin, by analyzing the coincidence (and its absence) of fundamental and technical indicators. Using a generalized Metcalfe’s law based on network properties, a fundamental value is quantified and shown to be heavily exceeded, on at least four occasions, by bubbles that grow and burst.”
“We emphasize that one should not focus on the instantaneous and rather unpredictable trigger itself, but monitor the increasingly unstable state of the bubbly market, and prepare for a correction,”
Read more here:
http://coinmania.online/bitcoin-value-will-fall-44-billion-by-end-of-2018/
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