Article 623RW TechScape: I’m no longer making predictions about cryptocurrency. Here’s why

TechScape: I’m no longer making predictions about cryptocurrency. Here’s why

by
Alex Hern
from Technology | The Guardian on (#623RW)

If you'd bought or sold bitcoin every time I wrote about it over the last decade, how much would you have made? Let's do the maths

I've been writing about cryptocurrency for my entire career. In that time, one point I've always stuck to is simple: don't listen to me for investment advice. Today, I want to quantify why.

Bitcoin was created in 2009, while I was in my first year at university. As an economics student - and massive nerd - it sat squarely at the intersection of my interests. By my final year of uni in 2011, the original cryptocurrency was experiencing its first boom and bust cycle. It rose from a low of $0.30 to a high of $32.34 that summer, before crashing back down to less than $3 when Mt. Gox, the original bitcoin exchange, was hacked. (This will become a theme.)

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