Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says

Bitcoin’s price has pumped beyond its ‘intrinsic value,’ JPMorgan says
ôîòî ïîêàçàíî ñ : thenextweb.com

2019-5-20 14:54

Banking behemoth JP Morgan Chase & Co. has taken another shot at Bitcoin, claiming the cryptocurrency‘s latest rally has pushed its price beyond its “intrinsic value. ” “Over the past few days, the actual price has moved sharply over marginal cost,” JPMorgan analysts wrote in a note obtained by Bloomberg.

“This divergence between actual and intrinsic values carries some echoes of the spike higher in late 2017, and at the time this divergence was resolved mostly by a reduction in actual prices. ” To come to this conclusion, the JP Morgan team treated Bitcoin as a commodity, calculating its “cost of production”…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) íà Currencies.ru

$ 96427.39 (-0.76%)
Îáúåì 24H $97.698b
Èçìåíåèÿ 24h: 1.88 %, 7d: 8.51 %
Cåãîäíÿ L: $94006.77 - H: $98156.69
Êàïèòàëèçàöèÿ $1909.771b Rank 1
Öåíà â ÷àñ íîâîñòè $ 7688.69 (1154.15%)

bitcoin actual intrinsic price cost divergence morgan

Èñòî÷íèê: thenextweb.com

bitcoin actual → Ðåçóëüòàòîâ: 126


(+) Bitcoin VPN: Opera Browser Is Quietly Assaulting A Key Crypto-Accepting Industry

People use virtual private networks for a variety of reasons, privacy chief among them. A virtual private network is a good way to mask your location to websites you visit. For people in countries where governments censor content and content providers – including companies like Google and Facebook – must comply with their demands, a VPN is essential to experience the actual internet.

2019-3-20 01:45


BetterHash Can Improve Bitcoin Mining Decentralization, But When?

The level of centralization in mining is one of the more credible problems with Bitcoin today. While there has not been much activity in terms of actual attacks made possible through mining centralization (although some would refer to SegWit2x as an attack), it does add questions to the level of security offered by various layer-two […] The post BetterHash Can Improve Bitcoin Mining Decentralization, But When? appeared first on Coinjournal.

2019-3-12 16:15


Ôîòî:

FCA: Cryptocurrency noobs still buy Bitcoin without understanding it

It’s been 10 years since Bitcoin and its underlying blockchain first emerged, but it seems consumers are still largely uninformed about the inner workings of the technology. Today, the UK’s Financial Conduct Authority (FCA) released two pieces of research – qualitative interviews and a national survey – looking at consumer’s attitudes towards crypto-assets, and found that most people still don’t fully understand what they’re buying.

2019-3-7 17:33


Ôîòî:

Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

2019-2-15 22:18


äàëüøå åùå 77 íîâîñòåé →

Ïàðòíåðû Currencies.ru

Àíàëîã Notcoin - Blum - Èãðàé è çàðàáàòûâàé Ìîíåòû



Ðåêëàìà íà Currencies.ru

Ñàìîå ñâåæåå íà Currencies.ru

Ethereum’s Pectra fork moves forward with Mekong testnet launch

Ethereum has launched the “short-lived” Mekong testnet to test key upgrades for the upcoming Pectra fork. The Ethereum ecosystem is taking another step toward the Pectra fork with the launch of the Mekong testnet, a short-lived environment designed to test…

Cardano switches to decentralized governance with Chang hardfork 

Cardano has completed its Chang upgrade, marking the switch to a decentralized governance system that allows ADA holders to have a say in the network’s future direction. Named after Chinese mathematician Ch’ang Shou, the upgrade was completed at block 10764778…

Binance to support Cardano’s Chang hard fork

Binance has announced that it will support Cardano’s upcoming network upgrade and hard fork. Cryptocurrency exchange giant Binance disclosed its readiness to support Cardano (ADA) for its Chang hard fork in an announcement on Aug. 30. Ahead of the hard…

Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'

The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce that made it different from Bitcoin and other early distributed networks at the time it launched in 2015.

Blockchain developer to fork BRC-20 to bring defi to Bitcoin

A blockchain developer is set to fork the BRC-20 token standard to introduce decentralized finance capabilities to the Bitcoin network. A blockchain developer under the alias Mikael.btc, best known as the creator of the BRC-100 token standard, wants to fork…