Markets

CryptocurrencyMarkets

5 reasons to be optimistic about crypto in 2019

The price of cryptos took a beating in 2018. After hitting an all-time high in January, it’s been nothing but red ever since, with market caps shrinking to roughly 15–20% of their peaks. The masses jumped on the crypto bandwagon, and then very promptly got back off once the hype bubble burst. And now with the price down, plenty of people are saying that crypto and Bitcoin are finished, and they’re not coming back. But is that the only story we can tell about crypto in 2018? The hype has mostly…

CryptocurrencyMarkets

Is the crypto market a bubble? What history can tell us

Sir Isaac Newton was undoubtedly one of the smartest men in history. But not even he could outsmart the nature of economic bubbles. He invested his life savings in the South Sea Bubble of 1720, and lost today’s equivalent of £4 million, causing him to quip after the crash: “I can calculate the movement of the stars, but not the madness of men” So if not even Sir Isaac Newton can foresee a bubble and act rationally, what hope do the rest of us have? For one thing, we have hindsight, and…