30
Nov
Bitcoin: flash crash and bursting bubble in 2018?
Bitcoin will not become a currency. Central banks hostile to private cryptocurrencies. Blockchain technology. Stricter regulatory framework. Bubble to burst in 2018?
Key points
- Bitcoin is not and will not become a legal currency in its current form
- Central banks hostile to private cryptocurrencies – overview of current views
- Stricter regulatory framework for cryptocurrencies
- Central banks will develop their own virtual currencies
- The Netherlands and the Scandinavian countries are innovating
- The BIS and IMF are advising caution
- Up 1,000%: so what?
- The influence of factors supporting Bitcoin will likely wane
- Intraday flash crash of -20% on 29 November
- Speculative bubble to burst in 2018?
