'Irish bitcoin' highlights the issues facing crypto

"Bitcoin has no use value"

"Bitcoin has no use value, only exchange value, and because it is has no worth in use other than what others are willing to pay for it, it is always in a bubble: these happen when prices of assets get dislodged from their fundamental value. So Bitcoin is the perfect bubble." - Stephen Kinsella
He is just angry cuase he he does not understand Bitcoin. What do you think about this: http://www.independent.ie/opinion/columnists/stephen-kinsella/stephen-kinsella-once-bitten-twice-shy-so-stay-away-from-ponzilike-bitcoins-29764982.html
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Stephen Kinsella is a senior lecturer in economics at the University of Limerick. Young and tech savvy – he has over 11,000 Twitter followers – he could seem like the type to get on board the Dr Stephen Kinsella, University of Limerick Bitcoin can have literally any price, and so the market for Bitcoin is permanently in a bubble as a result. This bubble will form and burst many The first is this article by my colleague Stephen Kinsella. Stephen’s key point: Bitcoin has [...] As Bitcoin goes through another day of crazy price fluctuations and huge publicity, this time Finance, Economics, and Bitcoin: Don't believe the hype. Satoshi Nakamoto, Bitcoin: A Peer-to-Peer Electronic Cash System; Anton Badev and Matthew Chen Bitcoin, technical analysis and background data. Federal reserve board, 2014; Pavel Ciaian et al, The Economics of BitCoin Price Formation. 12. Review. Bitcoin buyers are willing themselves to forget the fundamental rule of unsustainable processes: they stop. Dr Stephen Kinsella, senior lecturer in economics, University of Limerick. Irish Independent

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WARNING: The Truth About Bitcoin

If the current price action is a top formation, then it doesn’t match the sharp spikes Bitcoin and blow-off tops the cryptocurrency is known for. Only one other time has a comparable rounded top ... Lets talk about Bitcoin and what I THINK caused the recent jump in price - enjoy! Add me on Instagram: GPStephan The YouTube Creator Academy: Learn EXACTLY how to get your first 1000 subscribers ... Stephen Kinsella - ECONOMICS AT THE EDGE Økonomiuddannelsen Cand. Oecon, Aalborg Universitet ... Stephan Kinsella ~ Read Rothbard, Use Bitcoin - Duration: 1:06:47. World Crypto Network 950 views ... In the short-term, bitcoin might correct lower towards the broken bearish trend line at $9,320 or $9,300. If there is a bearish break below the $9,300 level, the price might find support near $9,200. 24/7 Live Bitcoin Price and BTC Significant Trades This stream shows the Bitcoin Price, BTC Price on global exchanges, and BTC trading! This is an automated stream. Please feel free to embed or ...

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