how much of bitcoin is speculation

Last Updated on June 29, 2023 by Paganoto

UnderstandingBitcoinasaSpecul…

Yermack concludes that Bitcoin is more of a speculative asset than a currency, and quotes the CEO of Coinbase, the largest Bitcoin wallet service in the world, 5 Page 8 as estimating that in 2014 about 80 percent of Bitcoin trade volume was speculative, down from 95 percent a year earlier.

Experts Say Bitcoin Could Hit $100,000 In 2022. Here's … – TIME

The most extreme crypto skeptics say Bitcoin will tank to as low as $10,000 in 2022, but a middle ground might be to say the cryptocurrency can still climb to …

Future Of Cryptocurrency in 2022 and Beyond – TIME

Bitcoin hit multiple new all-time high prices in 2021 — followed by big drops — and more institutional buy-in from major companies.

What's the endgame of all the speculation & hoarding in Bitcoin

Deutsche Bank analyst Marion Laboure estimates that less than 30 per cent of transactions in bitcoin are currently related to payments – the …

What's the endgame of all the speculation & hoarding in Bitcoin

“In other words, the value of Bitcoin is entirely based on wishful thinking,” wrote Deutsche analyst Marion Laboure. Laboure estimates that less …

Why Do Bitcoins Have Value? – Investopedia

Throughout much of its history, speculative interest has been the primary driver of Bitcoin’s value. Bitcoin has exhibited the characteristics of a bubble …

90% of Bitcoin Usage Is Speculation — 10% Transactions …

Luno CEO Marcus Swanepoel says that most of its users aren’t using Bitcoin to transact but for investment and speculation. 7831 Total views.

What Drives Crypto Users? Distrust of the System … – CoinDesk

Cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, but instead are a digital speculation asset. More …

Bitcoin Is Speculative, Used for Crime, and Bad for Planet, BIS …

“By now, it is clear that cryptocurrencies are speculative assets rather than money, and in many cases are used to facilitate money laundering, …

The brutal truth about Bitcoin – Brookings Institution

While Bitcoin has failed in its stated objectives, it has become a speculative investment. This is puzzling. It has no intrinsic value and is …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.