Bitcoin has been ultra-volatile lately so what might have caused its recent drop?
We discuss whether certain crypto platforms are right to claim that people are just 'banking their profits', if it has a chance of behaving more like gold in due course and what investors with green concerns need to bear in mind.
Please bear in mind that this video, as with our whole output, is aimed at beginner investors who don't own Bitcoin and are looking for balanced, independent analysis. Also, it's mentioned that well over 90% of these supercomputers don't live longer than 2 years, but a more reliable stat is that the average lifespan of super-computers involved in Bitcoin mining is one and a half years.)
We discuss whether certain crypto platforms are right to claim that people are just 'banking their profits', if it has a chance of behaving more like gold in due course and what investors with green concerns need to bear in mind.
Please bear in mind that this video, as with our whole output, is aimed at beginner investors who don't own Bitcoin and are looking for balanced, independent analysis. Also, it's mentioned that well over 90% of these supercomputers don't live longer than 2 years, but a more reliable stat is that the average lifespan of super-computers involved in Bitcoin mining is one and a half years.)
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