These include actions by the People's Bank of China to further curtail digital asset trading, an alliance between the central bank and other agencies to target fraudulent virtual currency schemes, and an announcement from the Shenzhen stock exchange stating that companies
speculating on blockchain technology will face repercussions.
Not exact matches
My word of caution to any investor is to be very careful when
speculating in assets built
on an emerging
technology like
blockchain.
Rather than
speculating on the price of Bitcoin, or a company name change, we believe investors will be better served assessing the investment implications of the actual
blockchain technology itself.
The purpose of this article is to look into the future and
speculate on the potential value of cryptocurrency market once it matures, in other words, make a prediction of how big the demand for
blockchain technology will be in, say, 5 - 10 years.
While the community of bitcoin developers continues arguing over solutions for the block size problem, the wider public is rather focused
on the disruptive and innovative power of the bitcoin's
blockchain technology and
speculates on its possible applications, the sharing economy and P2P lending services being just two of them.
If ultra-rich cryptocurrency investors don't really know what
blockchain technology and cryptocurrency even are, it's likely they are merely
speculating on the largely unregulated market — which may account for the sharp and dramatic sell - off which took place in January and February.