Credit Suisse Argues Irrational Exuberance Around ICOs Indicates Bitcoin Bubble

In a paper written in the fall of 2017 and published on the Social Science Research Network SSRN on Friday, January 12, 2018, Credit Suisses Dietmar Peetz and Gregory Mall argue that the boom in the initial coin offering ICO market is the clearest indicator of a bubble in bitcoin.Zurich-based Credit Suisse is one of the 40 largest banks in the world with more than $800 billion in total assets, according to Standard & Poor.According to Peetz and Mall, bitcoin should not be seen as a cur

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World Economic Forum Bitcoin Discussions Validate the Movement

The World Economic Forum WEF has long been a lightning rod of global discussion on economic, social and political trends. This years gathering in Davos, Switzerland, was no exception.Blockchain technology emerged center stage last week as a key discussion theme, receiving praise from attendees for its cutting-edge potential. Bitcoin and the future of cryptocurrencies, too, were highly discussed topics at the forum, not just casually but also in an official session and a few panel discussions.
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