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Bitcoin and the art of market manipulation: an inquiry into value

The amount of attention springing up over the cryptocurrency says nothing about its intrinsic value

Published Sun, Dec 17, 2017 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    2017 was the year of vindication for bitcoin believers. The cryptocurrency is up more than 1,500 per cent so far this year, making the digital wallets of those who hopped on board the hype train that much fatter than the "no-coiners".

    Naturally, Wall Street is following the money. The Chicago board options exchange (Cboe) introduced the first regulated bitcoin futures market on Dec 10.

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