A short analysis of Bubbles in general and Bitcoin price bubble by Mostafa Ghadamyari

1. BITCOIN
PRICE BUBBLE
MOSTAFA GHADAMYARI
INTERNATIONAL BUSINESS IN THE NEWS
ESSAY

2. BUBBLES IN HISTORY - TULIPS

3. BUBBLES IN HISTORY – SOUTH SEA STOCK
I can calculate the
motion of heavily
bodies, but not the
madness of people.
~ Isaac Newton
Newton lost 20,000 £
in south sea stock
bubble

4. RECENT BUBBLES
Stock market crash 1929 – United States

5. RECENT BUBBLES AND GLOBALIZATION
Dot-com bubble and Housing bubble

6. BITCOIN PRICE BUBBLE

7. MAIN ARTICLE
Main article (Fortune Contributor)
-Bitcoin is limited in supply
-Supply and Demand determines the price
Picasso Painting: Garcon A La Pipe (1905)
Price: $104 Million in May 2004

8. SUPPLEMENTARY ARTICLES
Bitcoin is defo in a
bubble
Bitcoin is not limited in
supply: there can be
many cryptocurrencies
It can not even be a
currency because of
high fluctuations

9. CONCLUSION
Bubbles: This time is not different, a bubble is a bubble
We should consider the effects of technological development

10. THANK YOU

11. CURRENCIES VS BITCOIN

12. BITCOIN DISTRIBUTED NETWORK