Bitcoin's Mysterious Surprise Surge
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Business
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was one theory mentioned for the sudden surge in Bitcoin's value?
An April Fools joke about Bitcoin product approvals
A new government regulation
A celebrity endorsement
A major hack in the Bitcoin network
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who is Mark Dow in the context of Bitcoin analysis?
A cryptocurrency exchange owner
A blockchain developer
A former IMF Treasury economist
A famous Bitcoin miner
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What event in Seoul was linked to a rise in Bitcoin's value?
A major Bitcoin sale
A government policy announcement
A blockchain conference
A new Bitcoin mining facility opening
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the 'greater fool theory' in the context of Bitcoin?
The idea that Bitcoin will always increase in value
The notion that Bitcoin is a scam
The expectation that others will buy Bitcoin, driving up its price
The belief that Bitcoin is a foolproof investment
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the historical impact of the blockchain conference on Bitcoin and other cryptocurrencies?
It caused a decrease in their values
It had no impact on their values
It led to a significant increase in their values
It resulted in a temporary suspension of trading
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