Bitcoin to top $50,000 next year – Trader

In the latest development, report reveals that a trader makes a million-dollar bet that bitcoin will triple next year. According to the source, the trader betted that bitcoin will top $50,000 next year.  Online records from New York-based digital currency-trading platform LedgerX showed 275 call options expiring Dec. 28, 2018, were bought in Wednesday’s trading … Read more

Why I Would Bet Against Bitcoin

Why I Would Bet Against Bitcoin: I am not one of those economists who has been looking down his nose at Bitcoin from the start. As I argued back in 2013, I think the condescension that some economists bring to the topic of Bitcoin is an instinctive dismissal of anything with a whiff of anti-central … Read more