Published: 08 Dec 2017 › Updated: 08 Dec 2017
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Bitcoin: Will Stunning Rally Sustain or Sour in 2018?
By Erik Norland, Senior Economist, CME Group
Highlights
- Growth in bitcoin supply has slowed after first four years
- The computational difficulty in mining bitcoin rises with prices
- Transaction costs are rising, like before the 2010, 2013 price crash
- Is bitcoin market mature enough to weather the spike in 2018?
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