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| Source: http://bitcoinspace.net/ |
- KEY ECONOMIC PRINCIPLE I’M ADDRESSING: (1) People gain when they trade voluntarily (2) People respond to incentives in predictable ways
- OVERALL RESEARCH QUESTION THAT CONNECTS MY TOPIC TO THE ECONOMIC PRINCIPLE: What incentives do people have to mine and sell bitcoin?
- 3-4 SUB QUESTIONS/TOPICS THAT HELP ADDRESS THE OVERALL RESEARCH QUESTION and EMBEDDED LINKS TO RELIABLE SOURCES THAT HELP ANSWER THE QUESTION
- Why does bitcoin have a negative connotation? wsj what crytocurrency can be used for , illegal things bought with bitcoin
- Why does the price fluctuate so much more than the dollar? bitcoin price fluctuation, why price changes
Put the names of the sources for the links or capitalize the reason to make it look neat. Other than that this is pretty good.
ReplyDeleteI have actually tried (unsuccessfully) to 'mine' BitCoin on my old computer back when it was trading for well over one thousand USD per BTC. The price has been dropping due to there being a limit to how many BitCoin's can be in circulation at one time. (How it was explained to me when I first tried mining for BTC) Other crypto-currencies such as LiteCoin and DogeCoin are worth less because both the market cap is significantly smaller and the number of Lite/Doge coins in existence is astronomically larger than that of BitCoin.
ReplyDeleteThis is a good link to check out: https://coinmarketcap.com/