How To Tell If Your Cryptocurrency Will Go Bust

Published: June 26, 2019 | by Web Master

© 2018 Bloomberg Finance LP Cryptocurrencies, though a reasonably recent phenomena, are starting to attract the attention to academics. A recent paper from researchers at the University of Vaasa in Finland looks at the chances of a cryptocurrency defaulting. This is important because over 2,000 cryptocurrencies have launched. However, only a small portion of those have succeeded. In fact, last year alone 743 coins defaulted. This high level of defaults harms the credibility of the industry and is costly for investors.

Default levels do not inspire confidence. Of all cryptocurrencies launched before 2014, almost 6 out of 10 were in […]

View the full story at: www.forbes.com

How To Tell If Your Cryptocurrency Will Go Bust

Published: June 26, 2019 | by Bitcoin Press News Team

© 2018 Bloomberg Finance LP Cryptocurrencies, though a reasonably recent phenomena, are starting to attract the attention to academics. A recent paper from researchers at the University of Vaasa in Finland looks at the chances of a cryptocurrency defaulting. This is important because over 2,000 cryptocurrencies have launched. However, […]

Click here to view original web page at www.forbes.com