For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise is both thrilling and terrifying. It has all the earmarks of a bubble.
Bitcoin Bubble. The accidental alliteration makes it more attractive, but no more or less true. It’s all the similarities with previous economic bubbles going back more than a century that convinces us: This can’t last.
In the space of a few short days, the cryptocurrency, which people mine on their powerful computers, has gained thousands of dollars of fresh value. A year-long Bitcoin value chart is the extreme version of a hockey stick curve. Read more...
More about Bitcoin, Bitcoins, Cryptocurrency, Bitcoin Cash, and Techhttp://ift.tt/2ByT7hk from Tech http://ift.tt/2zBGrEY
via IFTTT
No comments:
Post a Comment