Welcome to the longest Bitcoin bear market in history. One group of cryptocurrency analysts studied how often Bitcoins are moved, and concluded we are most probably in the final phase of the bear market. By Qrius. Credits: VisualHunt By David Canellis. Feb 02, · Bitcoin Is Now Officially In Its Longest Bear Market Ever Bitcoin has officially entered the longest stretch of declining prices in its year history. While Bitcoin languishes around USD trying to keep up the hopes of investors, the overall bear market in cryptos has now officially logged its longest bear market in the asset’s relatively short history. From December until today bitcoin has dropped a total of 82% from peak to trough, making a total stretch of days without any.
Longest btc bear marketBitcoin Is Now Officially In Its Longest Bear Market Ever - CoinDesk
Although there are several other virtual currencies around the world, Bitcoin has a dominance in the market of Carl is a legend in cryptocurrency space for his long-storied experience, history and insights. He is a digital nomad who fell in love with bitcoin and its offspring for many years now and prides himself on delivering quality perspectives in the emerging world of crypto-assets and blockchain technology.
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Password recovery. Recover your password. Friday, December 25, Get help. News Bitcoin. By Coinworldstory. February 2, Coinworldstory Coinworldstory. Thanks For Visiting Coinworldstory. Post Contents. This post contains affiliate links. But a major reason for his success was Bill Gates was very conservative about growing Microsoft.
As he explains on this interview with Ellen, many of his employees were older than he was and had families to support. They hired too many people too fast. They rented nicer offices than they needed. Cash is king. As Ray Kurzweil noted in his seminal book, The Singularity Is Near: Technological progress, especially information technology, advances at an exponential rate.
Or put in more plain terms: exponential growth is change that happens slowly at first, then suddenly- all at once! Rates of adoption for information technologies that prevail always follow this exponential trajectory. Partially because the hunter-gatherer brains we have inherited from our recent apex predator ancestors evolved to anticipate and respond to linear changes.
Exponential rates of change are unusual to us and defy our intuitions. But this limitation can be overcome with more intelligence— with a critical analysis of our industry and competitors, and by checking our intuitions against what the data tell us is happening. Bitcoin experienced a bubble for the reasons outlined above, and its value against the U.