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In hindsight Bitcoin experienced a speculative bubble Whic.pdf

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In hindsight, Bitcoin experienced a speculative bubble. Which of the following explains why someone acting rationally might purchase bitcoin, even at a price much higher than its historical level? A person could buy Bitcoin as part of a strategy to profit from it after the bubble bursts. Even if the price reflects a speculative bubble, it could continue to rise for a time, enabling the owner to sell at a profit. The buyer might have good instincts.

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In hindsight, Bitcoin experienced a speculative bubble. Which of the following explains why someone acting rationally might purchase bitcoin, even at a price much higher than its historical level? A person could buy Bitcoin as part of a strategy to profit from it after the bubble bursts. Even if the price reflects a speculative bubble, it could continue to rise for a time, enabling the owner to sell at a profit. The buyer might have good instincts

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In hindsight Bitcoin experienced a speculative bubble Whic.pdf

  • 1. In hindsight, Bitcoin experienced a speculative bubble. Which of the following explains why someone acting rationally might purchase bitcoin, even at a price much higher than its historical level? A person could buy Bitcoin as part of a strategy to profit from it after the bubble bursts. Even if the price reflects a speculative bubble, it could continue to rise for a time, enabling the owner to sell at a profit. The buyer might have good instincts