The price of Bitcoin is a virus, and bitcoin-mania is a disease
The price of Bitcoin is a virus, and bitcoin-mania is a disease
One of these days one more wonderful way has been thought up - how it is necessary to estimate cost bitcoin. This time, analysts from Barclays suggested considering bitcoin a virus, which means that the movement of its prices should resemble the spread of infectious diseases. At the moment, like the end of the flu season, bitcoin-mania is coming to an end.
The spread of technology occurs through personal contact with the "infected": through blogs, success stories and news reports, however, as soon as it spreads to the entire population, coin prices will rush down.
Jokes are jokes, but there is a truth in these words: practically everyone knows about crypto-currencies, which means that only a small percentage of the population are not "infected" and are potential buyers. Current investors have already developed "immunity to disease" and can not afford large purchases so far. Well, a huge number of bad news is a kind of "antivirus", which completely discourages the desire to join the cryptomir and, if paraphrased, acts as a kind of "reminder for prevention."
Thus, it is possible to divide the population into three parts: susceptible to "cryptoinfection"; vulnerable, but not yet "infected"; and possessing sufficient "immunity". According to the analyst, the first group is insignificant and joined the community at the earliest stages, the remaining 25% joined because of fears to miss the gain, and the rest is likely to never buy bitcoin.
Further, a very sad forecast is made-in civilized countries crypto-currency has "been ill", and further spread of bitcoin-fever is possible only in countries with a weak economy, where higher-quality assets can not afford