In fact, bitcoin hit the bottom of its current rally a little under two months before Krugman’s statement. Of course, Krugman’s analysis wasn’t as blatant or specific as that of Boston’s University’s Mark T. Williams, who infamously predicted a collapse of the bitcoin price to under $10 by the middle of 2014. Boston University professor Mark T. Williams, a vocal bitcoin critic, still isn’t buying it. “What complicates things is this is a nationless currency,” he said. “What regulatory bodies ... One prediction that stood out among the others was the prediction of Boston University economist, Mark T. Williams, affectionately known in the Bitcoin community as “Professor Bitcorn.” He said that Bitcoin was a completely unsustainable and foolish idea as a monetary system, and that its value would fall to $10 within the first half of 2014. Then, in January of 2014, he narrowed his ... Mark T. Williams – Finance teacher at Boston University. Before: Predicted Bitcoin would trade for less than $10 by June 2014 (December 2913, Source) After: “Bitcoin has provided investors with massive returns in 2017 as a one-way space rocket, finally attracting the attention of large hedge fund speculators.” (November 2017, Source) BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew ... The decentralized exchange (dex) built on Ethereum, Uniswap has accumulated a whopping $2 billion in total value locked (TVL) this week. Tuesday’s data shows out of all the dece Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter ap Binance Adds Bitcoin Cash to Lending Platform. Binance, the popular international cryptocurrency exchange with users from over 180 countries and regions, has announced the expansion of an interest bearing service to its users who hold three additional top cryptos including bitcoin cash. Binance Lending has now added ETH, BCH and EOS to the list of supported digital assets for flexible deposits ... To donate bitcoin, scan the QR code or copy and paste the bitcoin wallet address: 3HG8gLavDct1gQaLNDKdBpUxDLpuEToZRF Thank you! A Boston university lecturer by day, Mark T. Williams put the cat among the pigeons in 2013 as he brought his Bitcoin doom-mongering to the mainstream press. “ I predict that Bitcoin will trade for under $10 a share by the first half of 2014, single digit pricing reflecting its option value as a pure commodity play,” he wrote in an article for Business Insider.
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