You are at: Home » Bitcoin Obituaries » 2017 » “Bitcoin is a ‘dangerous speculative bubble,’ Yale expert says” – CNBC | $11,393.29

“Bitcoin is a ‘dangerous speculative bubble,’ Yale expert says” – CNBC | $11,393.29

With the price of bitcoin moving toward $12,000, a top economist on Tuesday sent a stark warning to investors: The cryptocurrency is in a “dangerous speculative bubble.”

Roach suggested that exchange legitimization makes bitcoin “somewhat dangerous” for investors, given what he described as a “lack of intrinsic underlying economic value to the concept.”
“Like all bubbles, they burst,” Roach said.

Eulogy made by Stephen Roach

Source

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

We hate spam as much as you do. You can unsubscribe with one click.
We hate spam as much as you do. You can unsubscribe with one click.

Leave a Reply

avatar
  Subscribe  
Notify of
Scroll to Top