meet 5 movies indispensable to understand the market

The value of a bitcoin unit could reach $ 50,000 in 2021, more than double what it is today (about $ 19,000), according to the Bloomberg Crypto Outlook report, published in December this year.

“Bitcoin will maintain its propensity to move up the price until 2021, in our view, with macroeconomic, technical and demand indicators of a $ 50,000 target resistance support offering, implying around $ 1 trillion market capitalization”, write the study researchers.

For researchers, the increase to more than double can be justified by the cyclical behavior of cryptocurrency. The $ 19,920 figure, which is a record since December 2017 (when it was $ 19,783 per unit), came about seven months after a good fall in May this year. “Prices have more than doubled in the past three months.”

THE The Hack separated five films about the universe of bitcoins, cryptocurrencies and technology in the financial market to help you better understand this market, which can be quite confusing. Check out!

Bitcoin: Beyond The Bubble (2018)

Bitcoin: Beyond The Bubble (“Beyond the Bubble”, in Portuguese) is a more general documentary that seeks to cover basic concepts, in addition to explaining the terms of the universe and presenting fundamental data.

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Bitcoin: The End of Money as We Know It (2015)

Bitcoin: The End of Money as We Know It (“The end of money as we know it”, in Portuguese) is a documentary of historical construction, covers the emergence of the first cryptocurrency, bitcoin, and discusses ideas of how these digital currencies can interfere in the financial market and the general economy.

The Social Network (2010)

The Social Network (“the social network”, in Portuguese) is a film that tells the story of Facebook, focusing on the routine of Mark Zuckerberg, its founder. He won the 2011 Oscar in the categories: Best Adapted Screenplay and Best Original Soundtrack.

Directed by David Fincher, the script was written based on the book The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius and Betrayal, ).

The Big Short (2015)

The Big Short (“the big bet”, in Portuguese) is a film that tells the story of real estate bubble that burst in 2008. The film has valuable tips, such as: traditional banks do not always know what they are doing.

Banking on Bitcoin (2016)

Banking on Bitcoin, directed by Christopher Cannucciari, is a documentary that portrays the bitcoin economy beyond its historical evolution from 2009 to today. The film features many enthusiasts and important figures from the cryptocurrency universe, such as the brothers Winflevoss, Barry Silbert and Charlie Shrem.

Sources: Bloomberg Crypto Outlook; IMDB (1) (two) (3) (4) (5).