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Thesis about Bitcoin

  1. Master Thesis - Bitcoin Data Analysis Marta Anadón Rosinach Higinio Raventós 6 Section 2: Literature Review Because Bitcoin is a rather new phenomenon, most of the existing literature is based on explaining how it works and what their characteristics are, such as in the paper: Bitter to Better — How to Make Bitcoin a Better Currency - Simon Barber, Xavier Boyen, Elaine Shi, and.
  2. Bitcoin is a new decentralized electronic currency which gained popularity in the last two years. The usage of Bitcoin is facilitated by software commonly called Bitcoin clients. This thesis provides an overview of Bitcoin and cryptography behind it, discusses different types of Bitcoin clients and researches additional features implemented by them. It also analyzes furthe
  3. Bitcoin \footnote {Through out this thesis, Bitcoin (upper case) refers to the Bitcoin system while bitcoin (lower case) refers to the currency coin.} is a decentralized peer to peer electronic payment system based on cryptography or more accurately, a crypto-currency

BITCOIN INVESTMENT THESIS 8 The stock-to-flow ratio (stock divided by flow) is a metric commonly used to quantify the scarcity, or hardness, of commodities. Stock is the existing supply of a commodity less the portion of supply that has been consumed or destroyed. Flow is the annual incremental production of new units. Together, the stock-to-flow ratio measures how many years of production are. Bitcoin is the unrivaled leader among cryptos by virtually any metric you use. It has by far the largest market cap. It has by far the largest daily volume (by value). Bitcoin is by far the most..

Beim Bitcoin handelt es sich um eine dezentrale virtuelle Währung, in einem Peer-to-Peer Netzwerk. Die digitalen Münzen wurden 2008 durch Satoshi Nakamoto erfunden und seit 2009 in Umlauf gebracht. Das angestrebte Ziel des Bitcoin sind Transaktionen zum Erwerb virtueller und realer Güter ohne das Einwirken von Finanzintermediären. Dadurch könne latter. Purchased bitcoin can then be stored in an electronic wallet, which is a feature often offered by the exchange itself, for later use. Bitcoin users span the globe, and exchanges do as well. According to bitcoincharts.com, bitcoin currently (as of April 2015) trades in 26 sovereign currencies via exchanges with th

Thesis Statement Of Bitcoin - 1185 Words Bartleb

Bitcoin Investment Thesis: Bitcoin's role as an alternative investment By Ria Bhutoria Director of Research, Fidelity Digital Assets - 10/12/2020 At Fidelity Digital Assets SM, we have conversations with people at distinct stages in their digital asset journey who are proactively working on their investment thesis, seeking validation of their thesis, or have yet to embark on the process. In. Bitcoin is a digital cryptocurrency that has piqued the curiosity of the general public, investors, academic researchers, and, last but not least, economists in recent years. Despite the fact that it is regarded as new, Bitcoin has been around since 2009 and is based on technology that dates back even farther. It was the first cryptocurrency to be founded, with the first exchange taking place. Abstract: This thesis looks into the consequences for monetary policy when traditional currency is (partly) replaced by e-currency. Both the consequences of a significant important private e-currency, such as Bitcoin, and a government controlled e-currency are discussed Bitcoin is a digital asset which is limited in supply and so it has the critical element of scarcity to give it value. Bitcoin is also a payment mechanism with the added benefit that it does not..

Cryptocurrency Thesis: Long Bitcoin, Short Dogecoin

3 Big Flaws in the Bitcoin Investment Thesis The Motley Foo

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A Guide for Writing an Engaging Blockchain Thesis. When most people hear the word blockchain they immediately think about cryptocurrency such as Bitcoin. However, blockchain technology is about far more than just money if you are writing a blockchain thesis. Blockchains hold information across a network of different computers rather than one single. Bitcoin is called virtual currency, but a better term is cryptocurrency. Unlike physical money, there are no coins or paper money officially produced. No government entity decides how much and when to release it into the world. Bitcoins are created digitally by people as the

Bitcoin Investment Thesis: Bitcoin as an aspirational store of value system. Bitcoin is many things to many people - why people choose to own hold bitcoin depends on their circumstances and views of what bitcoin is today and what it could become in the future. These views have been the subject of misunderstanding, confusion and debate The thesis then explains how Bitcoin works and discusses the transaction costs associated with it. Next, the paper provides a discussion of advantages and disadvantages of digital currencies and how they are regulated. The following section analyses and discusses the results of the estimated models based on the sample data and select the best model using criteria such as AIC and log likelihood. ii. Thesis Approval . The Graduate College The University of Nevada, Las Vegas April 12, 2019 This thesis prepared by Suman Ghimire entitled Analysis of Bitcoin Cryptocurrency and Its Mining Technique Bitcoin, is a shared digital ledger that records transactions occurring across a distributed or peer-to-peer network. However, despite its potential for domains outside of finance, much confusion still exists surrounding both the technology and its applications. The overarching aim of this extended literature review is to identify current and emerging application domains and their requirements.

The goal of this thesis is to investigate how a graph database, such as Neo4j, in combina-tion with a big data framework, such as Apache Spark, can help in the processing of data gathered from the Bitcoin blockchain. To guide the output of the processing, heuristics retrieved from the literature on Bitcoin blockchain analysis are employed. These heuristics are based on di erent characteristics. Bitcoin. Risiken und Chancen einer digitalen Währung - BWL / Bank, Börse, Versicherung - Bachelorarbeit 2014 - ebook 19,99 € - GRI Buying bitcoin could be a big mistake. But as good as bitcoin has been for investors in 2020, my blunt opinion is that it's a terrible investment. Here are 10 reasons you should avoid bitcoin like.

Furthermore, this thesis will examine how Bitcoin is used to facilitate money laundering activities. Moreover, this thesis considers the treatment of tax within Bitcoin transactions and how unregulated Bitcoin transactions can be used to avoid tax. In addressing these legal issues and concerns, consideration is given to the possible regulation of virtual and digital currencies like Bitcoin in. Bitcoin Investment Theses. Due to the complexity of the financial system and the variety of use cases for Bitcoin, there are a variety of perspectives for why investing in BTC may be a prudent decision. Investment Theses: A Little Bitcoin Goes a Long Way (Coinshares) Aker Shareholder Letter; Bitcoin as an Investment Asset (Master's Thesis) Bitcoin for the Open Minded Skeptic (Paradigm) Bitcoin. Master Thesis Bitcoin: a diversifier, hedge or safe haven An academic research concerning the risk management properties of bitcoin November 2017 Author: R.W.J. Hazewinkel ANR: 841963 MSc. Finance - Tilburg University, school of Economics and Management Supervisor: Dr. L.T.M. Baele Co-reader: Dr. F. Castiglionesi . 2 Preface and Acknowledgements By writing this thesis I will finalize the.

Just last week, I wrote a short thesis on how I approach Bitcoin, and how I include it into my investment portfolio. I'm a fan of Bitcoin and I hope it will revolutionize money and create a better society for us all. Bitcoin is getting a lot of hype right now and it's a very exciting time for crypto currency. But in this article, I want to remind everyone about some problems within the. Bitcoin offers one of the most compelling risk-reward profiles among assets, as our analysis suggests it should scale from roughly $200 billion today to $1-5 trillion network capitalization during the next five to ten years. In our view, capital allocators must consider the opportunity cost that will be associated with ignoring bitcoin as a new asset class. Now Available. ARK Swag | You buy. Satoshi Nakamoto Institut

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Bitcoin is one of the types of cryptocurrency that is specially designed to permit a single transaction to be mined in around 10 minutes. Cryptocurrency is cryptographic, which means that it uses a special encryption that allows controlling the generation of coins and confirming the transaction. One more distinction of cryptocurrency from traditional one is the fact that conventional financial. This boom thesis, however, is Bitcoin-focused as Cramer further said: If my boom thesis is true you are crazy not to have Bitcoin I don't care if it is $70,000 right now. I'd be saying the same thing The boom means Bitcoin. Earlier, Cramer had predicted a similar notion, one that claimed that post Covid-19, there would be boom here in this country [US]. At the time, he. Analyzing Bitcoin Price Volatility Julio Cesar Soldevilla Estrada May 5, 2017 University of California, Berkeley Abstract In this work we do an analysis of Bitcoin's price and volatility. Particularly, we look at Granger-causation relationships among the pairs of time series: Bitcoin price and the S&P 500, Bitcoin price and the VIX, Bitcoin realized volatility and the S&P 500, and Bitcoin.

Bitcoin mining is energy intensive, 90% of Bitcoins that will ever be mined have been mined (the networks still need to be maintained). We would expect transactions to go down as it will become a cornerstone of portfolios, so it will require less energy. But today it is still energy intensive - think about it environmentally relative to gold: Bitcoin consumes 40% energy of the gold industry. Bitcoin: A Peer-to-Peer Electronic Cash System. The paper that first introduced Bitcoin. Satoshi Nakamoto's original paper is still recommended reading for anyone studying how Bitcoin works. Choose which translation of the paper you want to read: English (Original) Bahasa Indonesia. translated by Christopher Tahir , Gregorius Airlangga, K. With bitcoin down about 13% in the last 24 hours, and closer to 34% for the week, these are questions that a lot of people are asking themselves for the very first time. 2020 and 2021 saw a huge. Thesis Team Raises $7.7 Million Ahead of tBTC Bitcoin on Ethereum Launch. Thesis -- the crypto venture studio guiding the Keep network, which will power the coming bitcoin-pegged tBTC Ethereum token -- announced it closed its second fundraising round to the tune of $7.7 million. By William M. Peaster April 3, 2020

Just finished my Bachelor's thesis about Bitcoin and its

Those two reasons mentioned -- Bitcoin as a deflationary asset and its relatively low adoption rate versus gold -- are also the main thesis behind price targets set by well-known investors. Thesis: Bitcoin's returns pierre rochard bitcoin investment thesis are uncorrelated or weakly correlated with other asset classes. This makes it ideal for diversifying a portfolio. We can classify the investment theses for (and against) investing pierre rochard bitcoin investment thesis in Bitcoin into categories. Anti-thesis: Bitcoin is increasingly correlated with the stock market. Interview. Bitcoin bezeichnet umgangssprachlich einerseits das komplette Bitcoin-System und andererseits die Einheit der Währung - als Kurzform wird BTC verwendet. Die Mehrzahl lautet Bitcoins. Eine Stückelung ist bis zur achten Nachkommastelle möglich. Die kleinstmögliche Summe beträgt 0,00000001 BTC und wird mit der Einheit Satoshi bezeichnet. In dieser Arbeit wird, um sprachliche Klarheit. I would argue — and this is my main thesis of the adoption of Bitcoin in El Salvador — that President Bukele wants to avoid any sanctions or repercussions from the US through El Salvador. https://www.patreon.com/InvestAnswers#Bitcoin #BitcoinTo1Million #BitcoinPricePrediction Today's video on my new Thesis on how Bitcoin can reach $1M and more..

Bitcoin is by far the most popular cryptocurrency, but it certainly is not the only one. There are many coins, and some are quite different from bitcoin, such as ethereum, which is an actual platform and not just a digital currency. I won't get into that here. But the value of the currency is related to the scarcity, as it must be generated by these complex mathematical problems that. Also according to a report by Crypto Research, by 2030 the price of bitcoin will reach almost $400,000, and other cryptocurrencies will also set record values. More recently, the new CoinMarketCap blog has also been talking about predictions and according to a survey of 1,000 people conducted by Genesis Mining, about 8% believe that bitcoin.

Additionally, the thesis of Bitcoin is precisely that you do not need to trust any third party to store and transfer value, said Brain. Bitcoin guarantees only that you own the coins you own, and that your coins will be sent to the address to which you intend to send those coins, and to nobody else. Overall, the paper is a cursory discussion of a few of the aspects of Bitcoin that Taleb. Bitcoin. 1D 1W 1M 3M YTD 1Y 3Y ALL. $32,846.34. Powered by. Line Area. Normal Log % Gain an edge over the market with professional grade data, tools, and research. Try Pro for free. RESEARCH. All Topics Bitcoin Ethereum DeFi NFTs Layer 1 Stablecoins Web 3 Interoperability DAOs Decentralized Exchanges Centralized Exchanges Lending Yield Farming Layer 2 Social Money Quarterly Reports Valuations. As for how his boom thesis relates to Bitcoin, Cramer said: If my boom thesis is true you are crazy not to have Bitcoin I don't care if it is $70,000 right now. I'd be saying the same thing The boom means Bitcoin. On March 3, Cramer talked on CNBC's Squawk on the Street about the upcoming Post-Covid that he expects to see in the U.S. in the second half of 2021: It. - Tyler Winklevoss. Our basic thesis for bitcoin is that it is better than gold. - Tyler Winklevoss. Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0. - Tyler Winklevoss . It's probably easier and cheaper to counterfeit hundred-dollar bills than it is to counterfeit Bitcoin. - Naval Ravikant. I think the whole.

Master Thesis about Bitcoins (economics or finance) : Bitcoi

Buying bitcoin fixes this by having a set in stone supply of 21 million coins that no central bank, government, corporation, or individual can print more of. I can sleep easy at night knowing nobody is printing away my life's savings. Over time I acquire more bitcoin, the price of BTC skyrockets, and everything around me gets cheaper. The price of bitcoin outperforms the cost of whatever I. Uncovering the Biggest Secret about Bitcoin Mining. The price of bitcoin fell from $64k to nearly $30k in a matter of one month. Just a couple of weeks back- everyone started viewing bitcoin as a store of value akin to gold that can be used to diversify investment portfolios in times of economic crisis. The biggest electronic automaker, Tesla. One of the reasons that could prompt you to buy a bitcoin today is not so much to use it for payment online but as an investment. Urban legend has it that someone who was doing a thesis on cryptocurrency bought 5,000 bitcoins for $27 in 2009. Do the math for the value today! And unlike traditional currency that is inflationary in nature, the bitcoin is a deflationary currency. In other words.

But Bitcoin investors shouldn't for a second think Tesla bought Bitcoin because Musk believes in the long-term bull thesis. He sees Bitcoin and its followers as useful tools to manage public. @tylerwinklevoss. Winklevoss twins - the famous Bitcoin billionaires have said Bitcoin has the potential to reach a price of $500,000 by 2030, which would put its market cap on par with that of gold (around $9 trillion).. Tyler Winklevoss said, Our thesis is that bitcoin is gold 2.0, that it will disrupt gold, and if it does that, it has to have a market cap of 9 trillion, so we think it.

What Is A Bitcoin, Essay Sampl

Bitcoin is a digital currency designed for the recent market scenario. The currency was created in the year 2009. The idea set out behind the creation of the coin is to use the white paper by one of the mysterious individual Satoshi Nakamoto, whose identity has not yet been recognized (Nakamloto 2013). The idea of the named of Bitcoin is that a paper is termed as bit and the currency as the. Bitcoin's recent push from under $30,000 to over $34,500 asserts hopes of a big price recovery ahead. Bitcoin bounce from $28.8K activates century-old financial model's bullish thesis In 2019, Wences finally put his Bitcoin thesis on paper in The case for a small allocation to Bitcoin: Bitcoin is a fascinating experiment but it is still just that: an experiment. As such it still has a chance of failing and becoming worthless. In my (subjective) opinion the chances of Bitcoin failing are at least 20%. But after 10 years of working well without interruption, with more than. Bitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.The cryptocurrency was invented in 2008 by an unknown person. The reason Fed Watch wanted to host Foss is due to his interesting valuation thesis for bitcoin, which you can find on the website linked above. It centers around bitcoin as portfolio insurance for fixed income investors. From this episode, the listener will get a master class on credit default swap (CDS) spreads and pricing. Today, the CDS market is the way that the financial industry.

About. Contact. The Case for $500K Bitcoin. Tyler Winklevoss. August 27, 2020 • 10 min read. Image: Claire Barrett. Gold and oil have historically been reliable stores of value. Because they are scarce commodities, they make dependable hedges to the inflation of fiat currencies. As a result, they have commanded price premiums above and beyond. In 2013, Peter Todd was paid by U.S. intelligence asset named John Dillon to code up and push Replace by Fee (RBF) protocol into Bitcoin Core and to start advocating for the need to protect decentralization of Bitcoin for freedom by limiting its abilities to scale on chain with the inherent incentives of the bitcoin system. Under the auspices of freedom, the investment thesis. A notable crypto trader is spotlighting the scalable blockchain network Cosmos (ATOM), predicting that its ecosystem is about to take off. As top automated-market maker (AMM) on Cosmos, Osmosis, prepares to launch its first trading pairs this Saturday, June 19th, pseudonymous crypto analyst known in the industry as Altcoin Psycho says tokens connected to Cosmos are likely to explode in value Research Report: The Bitcoin Thesis. This week, we've got a different type of report for you. Most of the time, we like to focus on providing new insights on industries, interesting takes on the blockchain space, and innovative ideas in that vein. However, it is often that many of our newest clients and contacts need a refresher on the thesis for Bitcoin and why we think it makes a solid.

Bitcoin Investment Theses (Part 1) by Pierre Rochard

Title of thesis . Bitcoin as a monetary system: Examining attention and attendance. Degree . Master of Science in Economics and Business Administration. Degree programme . Finance. Thesis advisor . Matti Keloharju. Year of approval. 2014. Number of pages. 110. Language. English. Abstract . OBJECTIVES OF THE STUDY This thesis has three objectives. First, the past development of monetary systems. To explain bitcoin to as monopoly money or M&Ms just shows that neither the author nor the interviewees really know what is going on with Bitcoin. Cryptocurrencies have a stronger connection to the foundational laws of nature than any fiat currency. Reliance on prime numbers is far more certain than relying on a central bank's open market operations and printing presses for your. The lack of a first principles investment thesis for Bitcoin is concerning. Without conviction, we are at mercy to our own emotions during Bitcoin's volatility. It is only when you are confident in your strategy that you can stomach large downturns, and be greedy when others are fearful. Even if you bought at the peak of Bitcoin Mania in 2018, you would still have returned 100% within 3. Bitcoin will retain its value during the time that they own it and that they would not end up with the so-called hot potato. Through incomplete information and uncertainty, agents take this risk because the value of investing in the Bitcoin is higher than the loss incurred. From this it can be inferred that the Bitcoin is only valuable due to the fact that agents expect it to be valuable in. The Sovereign Company Thesis. As companies adopt Bitcoin, they will begin to gain new levels of leverage over the state and amplify their ability to do commerce globally. Author: Christian Keroles Publish date: Dec 9, 2020. As companies adopt Bitcoin, they will begin to gain new levels of leverage over the state and amplify their ability to do commerce globally. Bitcoin does the same thing for.

Bitcoin Investment Thesis - Crypto is Eas

Its main focus relies on the cryptocurrency called Bitcoin, which is why the thesis aims to reach an audience that is interested to know more about this new type of currency. 7 2. Method 2.1 General The study started by gathering information about the history of money and the importance of it. To do this successfully a study visit at the Swedish Royal Coin Cabinet took place before the writing. How to Invest $100 in Bitcoin Today. The best way to invest $100 in Bitcoin today is using a Bitcoin exchange. These services allow you to make recurring Bitcoin buys on a regular schedule (every week, every month, every day, etc), or one-time purchases. These services do usually require you to verify your identity, which can take up to a few days

Bitcoin Investment Thesis: Bitcoin as an alternative

He also doubled down on his Bitcoin investment thesis, revealing that he holds 5% in gold, 5% in Bitcoin, 5% in cash, 5% in commodities. The veteran investor added that he would wait and see what the Fed will do before allocating the remaining 80%. Jones added that he liked Bitcoin because it is reliable, consistent, honest, and 100% certain, praising its limited supply and. A Key Thesis for Bitcoin's Long-Term Bull Market Just Got a Knock (maradon 333/Shutterstock) Omkar Godbole. Jun 26, 2020 at 12:47 p.m. UTC Updated Jun 26, 2020 at 1:55 p.m. UTC. A Key Thesis for. Due to this characteristic of Bitcoin protocol, ECDSA algorithm used in Bitcoin has become a hot topic among cryptographers. And it motivates me to know how ECDSA algorithms are used and implemented in Bitcoin protocol, and how to make it more secure. In this thesis, several goals need to be achieved based on a Java version of implementation He summarized the buy thesis succinctly as a long-duration option on a highly unknown future. Bitcoin doesn't need Buffett. Even if Buffett ignores the promise of Bitcoin forever, that won.

Crypto Analyst: Digital Gold Thesis Puts Bitcoin Price At $1 Million. Mr. Qiao Wang, the co-founder of crypto intelligence firm Messari, Inc., said Sunday that Bitcoin's total addressable market (TAM) might be approximately $20 trillion. If that's the case, the Bitcoin price would surge to $1 million USD a coin Publish chart. Download chart. Delete chart. AN EPIC LIST OF BITCOIN RESEARCH (ENGLISH) To enable screen reader support, press Ctrl+Alt+Z To learn about keyboard shortcuts, press Ctrl+slash. Quotes are not sourced from all markets and may be delayed up to 20 minutes. Information is provided 'as is' and solely for informational purposes, not for.

Bitcoin Research Papers - Academia

Thesis: Bitcoin, whether it's on-chain, off-chain, or Lightning, will supplant current retail payment methods including cash, checks, and credit cards. Bitcoin's advantage over cash and checks is that it is digital, the consumer only needs a smartphone and the retailer does not have to worry about handling cash or depositing checks. Bitcoin's advantage over credit cards is lower transaction. None of these things change the Bitcoin thesis and core vale proposition, and none of them change the reality on the ground in why and how people are moving into Bitcoin. Reply Like (27. China doesn't want its citizens mining cryptocurrencies like Bitcoin (CRYPTO:BTC) anymore, and it ramped up its crackdown efforts over the weekend. That's why the price of Bitcoin is down roughly. While Bitcoin provides reasonable advantages to individuals involved in monetary online transactions and from a theoretical perspective also fulfils the criteria for a means of exchange, the cryptocurrency will likely face difficulties to attract more users due to issues regarding its scalability, price volatility and many more. Alongside with other technical restrictions, the author concludes. Thesis: Bitcoin allows civilians to more easily withhold wealth from rapacious governments. Fleeing a totalitarian regime with your family's wealth used to mean concealing gold or diamonds, and praying that a greedy border guard didn't find your stash. With bitcoin, you could memorize 24 words that store an arbitrary amount of value. Abusive seizures of wealth are not limited to.

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Bitcoin Bull Thesis - Reasons To Buy (Cryptocurrency:BTC

Der Bitcoin fällt dabei nicht unter eine Digital-währung, da dieser nicht die dafür notwendige Wertstabilität einer Währung aufweist (vgl. finanzen.net, 2017a). Vielmehr ist dieser eine digitale Abbildung von Wert, die nicht von einer Zentralbank oder ehörde geschaffen wird und auch keine Verbindung zu gesetzlichen Zahlungsmitteln haben muss ( aFin, 2014). Meist schildern Anbieter Bitcoin cold storage is a good idea and one that we definitely recommend for long term storage. Also you should never keep bitcoin on exchanges like Binance unless you are using it to trade other coins in the cryptocurrency space. It's really quite pointless to just leave Bitcoin on an exchange because it's at risk of being hacked. Avoid MLM investing programs that work off Bitcoin as. Join the chat on Bitcoin and Bitcoin price in Investing.com's live Bitcoin discussion and chat platform

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Bitcoin bounce from $28.8K activates century-old financial model's bullish thesis June 23, 2021 US Senator Cynthia Lummis 'Excited' About Bitcoin's Price Falling, Plans to Buy the Dip - Markets and Prices Bitcoin New As a short introduction to the area of concern of my thesis, Bitcoin is perceived as a whole, a phenomenon. Bitcoin has an enormous body of research from Law, economics and computer science. However, the social sciences are largely lacking and a general overview and definition of Bitcoin, as a socially disruptive phenomenon, is largely absent. This site is being build alongside the development. Bitcoin Creator Claimant's PhD Thesis Removed from University for Alleged Plagiarism. Craig Wright might not be a doctor after all. The Australian computer scientist who claims to be the creator of Bitcoin has had his doctorate thesis removed from the University due to suspicions of plagiarism. Earlier in May, Charles Sturt University, Melbourne, Australia, had opened an investigation into. Cathie Wood is bullish on Bitcoin. In a recent interview, the world's most successful ETF manager said that the BTC would go all the way to US$500,000. It's not the first bold prediction Wood. On Bitcoin, I think what you may be missing is a much larger point around what Bitcoin is - it's more than just money, it's a protocol for value transfer. And we're talking about technology here. It's the first time 2 people anywhere in the world can transfer value without a third party - this is classic disruption. Money for the first time is programmable and that opens up a completely new. CNBC contributor Brian Kelly assesses Bitcoin's value following the recent sell-off. He said that the reasons to invest in BTC are intact despite this week's massive plunge. He said that Bitcoin falling in price from around $45,000 to slightly above $30,000 in a matter of hours a mechanical sell-off. Kelly is still bullish on BTC's..

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