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Bitcoin Rose By ~300% In 2020. Is It A Bubble?

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Bitcoin Rose By ~300% In 2020. Is It A Bubble?

Watch the 3Blue1Brown video right here: https://youtu.be/bBC-nXj3Ng4

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Script: Prachi Yadav

Thumbnail: Mayank Maurya

Editing: Ronit Soin (Instagram/@itsnotraunaq)

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Markers

0:00 Introduction

2:06 What is Bitcoin?

6:20 What is a bubble?

8:02 What occurred inside the earlier crashes?

9:11 Why is that this time totally different?

10:36 Why Bitcoin is just not riskless

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Sources:

0. Introduction0. Introduction

https://www.gqindia.com/content/bitcoin-price-in-india-how-to-get-rich

https://topforeignstocks.com/indices/the-sp-bse-sensex-returns-by-year-and-charts/

https://www.ndtv.com/business/year-2020-annual-gold-return-best-since-2011-major-milestones-in-precious-metals-this-year-2339229

https://www.businessinsider.com/bitcoin-touches-record-above-29000-extending-2020-rally-2020-12?IR=T

https://www.bloomberg.com/news/articles/2021-01-05/jpmorgan-sees-146-000-plus-bitcoin-price-as-long-term-target?sref=f8taTPHn

https://fortune.com/2021/01/11/bitcoin-plunge-worst-crash-march-bubble/

https://www.cnbc.com/2020/03/13/bitcoin-loses-half-of-its-value-in-two-day-plunge.html

https://markets.businessinsider.com/currencies/news/bitcoin-price-bubble-david-rosenberg-supply-mining-cryptocurrency-outlook-record-high-2020-12-1029903485

1. What is Bitcoin?

https://bitcoin.org/bitcoin.pdf

https://www.encyclopedia.com/economics/encyclopedias-almanacs-transcripts-and-maps/peer-peer-technology-p2p

2. What is a bubble?

https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp

3. What occurred inside the earlier crashes?

https://www.forbes.com/sites/forbesfinancecouncil/2019/01/09/its-not-over-a-brief-bitcoin-crash-history-lesson/?sh=f672fa565bb0

https://www.businessinsider.com/williams-bitcoin-meltdown-10-2013-12?IR=T

https://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-record-2019-buy-cryptocurrency-whale-a9185451.html

https://www.financemagnates.com/cryptocurrency/news/crypto-analytics-firm-longhash-debunks-2019-single-whale-theory/

https://fortune.com/2020/11/18/the-return-of-20000-bitcoin-whats-different-this-time-around/

https://onlinelibrary.wiley.com/doi/full/10.1111/jofi.12903

4. Why is that this time totally different

https://economictimes.indiatimes.com/markets/stocks/news/another-bitcoin-bubble-this-time-its-different-backers-hope/articleshow/79298428.cms

https://fortune.com/2020/11/02/paypal-cryptocurrency-bitcoin-venmo/

https://www.livemint.com/market/stock-market-news/bitcoin-price-soars-four-times-in-2020-what-kind-of-returns-to-expect-in-2021-11609385864640.html

https://fortune.com/2020/11/18/the-return-of-20000-bitcoin-whats-different-this-time-around/

5. Why Bitcoin is just not riskless

https://fortune.com/2021/01/11/bitcoin-plunge-worst-crash-march-bubble/

https://arxiv.org/pdf/1706.00916.pdf

https://www.forbes.com/sites/forbesfinancecouncil/2019/12/05/the-top-10-risks-of-bitcoin-investing-and-how-to-avoid-them/?sh=5b27fc5c2407

https://www.hindustantimes.com/india-news/dubai-based-kingpin-of-rs-2-5-crore-delhi-cryptocurrency-scam-arrested-from-delhi-airport/story-iiqm14ER9XfZmAg8XmgUKI.html

https://www.coindesk.com/hackers-drain-kucoin-crypto-exchanges-funds

https://economictimes.indiatimes.com/news/economy/policy/government-plans-to-introduce-law-to-ban-cryptocurrency-trading/articleshow/78132596.cms


Bitcoin Rose By ~300% In 2020. Is It A Bubble?

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