Speculating on bitcoins

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Most commonly, you'll hear about application used to view your miners, the block is closed. An example of a hotblocks, the reward is.

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Bitcoin: Dubious Speculation
Cryptocurrencies are speculative assets characterized by high volatility, skewed returns, and 1?The key words are crypto, blockchain, bitcoin. Bitcoin and other cryptocurrencies are highly speculative investments, since supply and demand drive their volatility�not intrinsic value. That said, the. Crypto price speculation involves trading cryptocurrencies based on predictions about future price movements rather than their intrinsic value.

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If we look from the angle of the efficient market hypothesis, we will conclude that the market is always fairly priced and that speculation is unreliable. The real difference comes from the traditional definition of speculation � it is closer to risky investing than to gambling. Find out about current trends in Non-Fungible Tokens with our comprehensive guide. In crypto, the speculative furor is even more intense because of the degree of potential disruption and because the barriers to achieving that disruption are so high that the cycles of hope and disappointment are more extreme. But as important as it is to build real value, the question contained a misconception on the worth and purpose of speculation.