I started looking into Bitcoin back in 2013. I’ve got a background in computer science and have a reasonably good handle on the technical aspects of the system. But its as much about economics as computer science.
If you have specific questions I would be happy to answer them as best I can.
__________________________________________
Wouldn’t you say there is also emotion involved,isn’t there some of that in the stock market. Microsoft is involved. Wouldn’t that go through layers of lawyers and financial wizards for approval. China just nixed it but Japan is in as Mark Cuban and other big names.It’s had 3 big downfalls from 40% to 29%, this because of software issues. It goes on Wallstreet in 2018, I’m not sure how that plays. Like i said I just spent 30 minutes, more research needed. I’m just going to through in $500 dollars and play. My boss did that a few days ago, cashed in and is now playing with house money, 8k as today. His Junior in High School is at 80K at least. Worth a risk ... no balls, no blue chips.
Well, if we are just talking about markets, then, of course, emotion plays a huge role in where the market is going. The huge rise over the past year, especially since august, is all about the hype.
What I was offering in my previous post was information about the technical aspects of the system, which is as close as it comes to some sort of fundamentals as you will get. From that perspective, Bitcoin is in some trouble as the number of use cases for the system has dwindled due to technical issues unresolved mostly for political (within the Bitcoin development community) reasons.