Shares have traded at an average premium of 39 % to
underlying value of the bitcoin, according to my calculations.
Not exact matches
«There's certainly a thesis that suggests that a lot
of the
value accrues to the
underlying protocols like
bitcoin, ethereum, litecoin,» he said.
That said, products linked to the
value of underlying digital assets, including
bitcoin and other cryptocurrencies, may be structured as securities products subject to registration under the Securities Act
of 1933 or the Investment Company Act
of 1940.
One issue is that although many
of the big institutions are curious about how
bitcoin's
underlying blockchain technology could revolutionize the financial sector,
bitcoin isn't widely accepted as currency and has no intrinsic
value.
These financial products track the price
of an
underlying asset (in this case,
bitcoin) and gain or lose
value relative to that base asset.
While
Bitcoin and other cryptocurrencies have tremendous potential
value as a medium
of exchange, it is the
underlying distributed ledger technology, blockchain, which has emerged to truly capture the interest
of entrepreneurs, venture capital firms, financial institutions and other corporations.
While
Bitcoin and other cryptocurrencies continue to hold tremendous potential
value as a medium
of exchange, it is the
underlying distributed ledger technology, blockchain, which has emerged to truly capture the interest
of entrepreneurs, venture capitalists, financial institutions and other corporations.
«Whereas I said
Bitcoin «isn't real» because it has no intrinsic or
underlying value, that's certainly true
of the dollar and other fiat currencies: there's nothing behind them either.
Recent attention, moreover, has been focused more towards
bitcoin's
underlying payment system than on the
value of the currency itself.
So Abra uses
Bitcoin as the
underlying contract to represent the
value of ether (ETH) within our app.
We currently use
Bitcoin as the
underlying asset to reflect the
value of ETH in your Abra app.
MasterCard is not keen on
Bitcoin or digital currencies — for now, but the
underlying blockchain technology could be
of great
value to them.
While digital currencies seem to be losing
value given the massive bear going on at this moment in time, institutions, governments and international organizations throughout the world are showcasing an increased interest towards blockchain, the
underlying technology
of bitcoin and many other cryptocurrencies.
They've differentiated themselves, proven their use cases, or otherwise relied on strong
underlying value to resist the pull
of the almighty
bitcoin.
So even if
Bitcoin Futures could cause a short term price crash, the
underlying basic
value of the new money transfer technology will likely continue to rise in
value in the longrun.
The point
of Bitcoin is that it brings an entire new
underlying finance system which is borderless, neutral, peer - to - peer, (relatively) anonymous and instant — it's a new way to transfer
value all over the world, where no bank and authority is needed anymore.
Bitfinex is a «small player,» he went on to assert, adding that this event was «very unlikely to change the course
of bitcoin's
underlying value».
Krugman then turned to the often - used argument that
bitcoin lacks any sort
of underlying value.
«There's certainly a thesis that suggests that a lot
of the
value accrues to the
underlying protocols like
bitcoin, ethereum, litecoin.
Bitcoin at $ 10K and a cryptocurrency combined market cap
of $ 300 billion is only an introduction to what the
underlying technology means in terms
of value creation.
Circle, which runs a cryptocurrency platform that allows larger clients to trade
bitcoin on the market, has bought one
of the
underlying exchanges, Poloniex, in a deal that
values Poloniex at about $ 400 million.
Grayscale's
Bitcoin Investment Trust, a closed - end bitcoin fund, has lost nearly half of its value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the value of its underlying
Bitcoin Investment Trust, a closed - end
bitcoin fund, has lost nearly half of its value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the value of its underlying
bitcoin fund, has lost nearly half
of its
value over the past two weeks, after falling a further 10 % on Thursday amid a precipitous plunge in the
value of its
underlying asset.
Also bearish on
bitcoin was Stephen Roach, a Yale University economist who told CNBC's «The Rundown» that exchange legitimization makes
bitcoin «somewhat dangerous [for investors],» citing a «lack
of intrinsic
underlying economic
value to the concept.»
that exchange legitimization makes
bitcoin «somewhat dangerous [for investors],» citing a «lack
of intrinsic
underlying economic
value to the concept.»
Binary options are a type
of financial instrument that allows individuals to bet on whether the
value of an
underlying asset, such as a stock, bond or even
bitcoin, will be higher or lower after a specific pre-determined time period.
Most observers voiced no problem with hard forks as a tool for competition and experimentation, even though some see forks as compromising the perception
of bitcoin's limited supply, which they view as critical to its
underlying value.
The surprising fact when
Bitcoin came out is that a lot
of people thought that
Bitcoin could never retain
value because it has no backing or
underlying asset that guarantees its
value.
That was the response from Commodity Futures Trading Commission chairman J. Christopher Giancarlo when asked by Arkansas Senator Tom Cotton about the
value of the technology
underlying cryptocurrencies like
bitcoin.
They believe that
bitcoin has no
underlying value and the most
of its trading volume comes from illegal activities.
Max and Peter seem to agree on the
value of the technology
underlying bitcoin, but neither is certain
of its capacity or stability.
Despite his skepticism
of Bitcoin, Cuban was quick to acknowledge the
value and potential
of Bitcoin's
underlying technology — the blockchain.
Additionally, while the comparisons with other bubbles (the tulip bubble
of Dutch fame, or the land bubble in the mid 19th century) the
underlying Blockchain technology provides a basis for
value in the
Bitcoin ecosystem that is maintained by the consensus
of the majority.
«It's important to remember that if there were no
Bitcoin, there would be no distributed ledger technology,» said Giancarlo when asked about the
value of Bitcoin's
underlying technology, Blockchain.