Bitcoin News

Story: Bitcoin Hasn’t Found Equilibrium Yet – Black Swan Events Not Persistent

By Steven Anderson

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The current discourse among cryptocurrency enthusiasts is about whether the altcoins are a better investment when compared to the Bitcoin. 

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Roger Ver, Bitcoin Cash Promoter stated, “Bitcoin Cash will outperform Bitcoin in a few years.”  He further said, "I am not so optimistic about Bitcoin anymore.

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Investors are willing to look well beyond Bitcoin.  Cryptocurrency brokers are looking to be competitive these days.

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After witnessing Bitcoin climb the price trend, several crypto analysts have projected death for Altcoins.

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Brian Kelly, founder, and CEO of BKCM stated, "A word of caution, timing the flows from these retail behemoths may prove to be tricky.

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Jeff Dorman, Chief Investment Officer, stated that "Bitcoin hasn't found equilibrium yet.” Dorman also opined that the black swan type events provide for tail risk, but are not…

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Nouriel Roubini, the Economist, calls the cryptocurrencies as "mother and father of all bubbles.

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For all practical reasons, it is possible to consider that only 30 coins are operating correctly on any scale in the cryptocurrency industry.

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The acceptance and utility are that which creates a demand for cryptocurrency as money. Regardless, the crypto market is tiny for now.

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