Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. bitcoin prices are highly volatile compared to oth

Bitcoin prices are highly volatile compared to other currencies… and in fact most types of other...

70.2K

Verified Solution

Question

Finance

Bitcoin prices are highly volatile compared to other currencies…and in fact most types of other securities as well.

• Briefly outline reasons why Bitcoin may be consideredunusually risky. Feel free to add any quotes or data to supportyour thinking.

• Summarize how regulators (US or international) are consideringgetting involved.

Answer & Explanation Solved by verified expert
3.6 Ratings (424 Votes)
A Bitcoin may be considered unusually risky becasuse 1 Faulty price discovery Bitcoin prices are discovered through exchanges that are unregulated with very lax KYC compliance process Wash trades frontrunning and trading    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Psychology
1.2K views

Perception can be conceived of as a synthesis of multiple factors. Is mindset a factor that...

Accounting
1.2K views

Monika would like to buy a new car for $30’000. Her bank is willing to give...

Basic Math
1.2K views

17 Which of the following ranks bonds from lowest energy to highest energy O A...

Basic Math
1.2K views

Suppose you work for a company thatmanufactures electronics. The developmentanalysts estimate that 1% of their...

Statistics
1.2K views

Suppose that the mean cranial capacity for men is 1180 cc cubic centimeters and that...

Calculus
1.2K views

The following diagrams are ray diagrams showing how to locate the image On GREEN of...

Accounting
1.2K views

When a CPA firm has two audit clients that transact business with each other, should...

Accounting
1.2K views

Thatcher Company owns five small supermarkets. Thatcher is currently considering building an additional small supermarket...

Accounting
1.2K views

a) Explain the risk of incorrect acceptance and incorrect rejection when use sampling in an...

Accounting
1.2K views

Old Country Links, Incorporated, produces sausages in three production departments-Mixing, Casing and Curing, and Packaging....

Finance
1.2K views

n $40,00 Which is true regarding VA loane? The VA imposes a limit on the...

Accounting
1.2K views

are there other ways the United States might use market forces or incentives from government...