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Re:Ask HN: What is behind the cryptocurrency boom this year? by MsMowz on Monday November 06, 2017 @10:23AM (#15636070)
Unbridled speculation and compound interest.
Re:Ask HN: What is behind the cryptocurrency boom this year? by koancone on Monday November 06, 2017 @10:31AM (#15636141)
That's a pretty lazy answer. Why not last year, or the years before? Bitcoin is nearly 10 years old and monetary policy has been "easy" that whole time (in the US and Europe). Why is it taking off this year in particular? What is the deal with the slew of ICOs? I am not sure what you mean by compound interest. Are you trying to make a pun, e.g. compound hype or referring to financial interest rates?