With bitcoin delivering an insane performance (+3400% over the last 5 years) and DeFi getting traction, maybe you want a guide to invest in this world? This is it. Before going in detail, let me state that nothing here is investment advice, it is merely an explanation of the blockchain…
Posts tagged as “bitcoin”
After saving the S&P500, speculating in the oil derivative market, the retail investors is still looking for ways to invest. This time I focus on bitcoin following this Coindesk article. The basis is a sharp increase of the number of bitcoin addresses with a balance > 0.1BTC (around $700) since…
The bitcoin miner reward will halve in around 50 days (13 May). Regarding the scarcity model, the bitcoin price should increase to $55k (or around 10x from current prices). A paper discuss the efficient market hypothesis regarding this event. Indeed, we don’t see any sign of an increase in the…
The Bitcoin Scarcity model is a part of the Bitcoin as Digital Gold narrative. It try to extrapolate a theoretical value for bitcoin using it’s scarcity defined as : Scarcity = Stock / Flow In bitcoin, the flow is given by the mining reward which are halved, by design, at…
Not 6 month ago, a reflation narrative was taking place. That was obviously before the Covid-19 and the global shutdown. The 10-year breakeven inflation rate is the yield of the 10-year treasury bonds minus the yield of the 10-year treasury inflation-protected security. It’s the expected inflation over a 10 year…
It’s time for a bold forecast as I’m thinking about this for a week now. But before arguing why I think bitcoin is dead, let me say that I have nothing Bitcoin per se. I bought my first coins back in February 2015, a bitcoin was valued 191€. What a good…