bitcoin Archives - Fairmont Equities

The bitcoin bubble- what is a bubble and how are they created?

January 11, 2019 by Lauren Hua

We have had numerous asset bubbles in the past such as the tulip mania, the US housing bubble and the dot-com bubble. The latest bubble is the bitcoin bubble. All these asset classes rose in value due to irrational exuberance but the same characteristics were in place which drove up the prices. The price of bitcoin has fallen 80% from the peak in December 2017. All asset bubbles burst after a period of time. In this article we discuss the …

What is Bitcoin? Demystifying Blockchain and Bitcoin

November 15, 2017November 15, 2017 by Lauren Hua

There has been a lot of news recently on blockchain and in particular bitcoin. The price of Bitcoin has had an amazing run as it was trading at US$0.39 in 2010 and it currently trading at US$7,387. These terms may be intimidating to the non-tech savvy person so in this article we will explain the concepts of blockchain and bitcoin in easy to understand terms. The Connection Between Bitcoin and Blockchain Blockchain is the technology that enables bitcoin to operate. …