“Bitcoin rally may continue — but is it driven more by high-school dropouts than fundamentals?” – MarketWatch | $9,096.37

Bitcoin looks like a sure bubble — a disaster waiting to happen…

So bitcoin, then. A bubble or not? If you ignore the arguments that attempt to justify its valuations, it looks like one, albeit with dynamics that are very hard to interpret. If you listen to them, it looks that way even more, with more confidence in the arguments’ bogus nature. Draw your own final conclusions.

Eulogy made by Dr. Constantin Gurdgiev

Source

Bitcoin Video Crash Course 

Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed.

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

1
Leave a Reply

avatar
 
1 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
1 Comment authors
Louis Recent comment authors
  Subscribe  
newest oldest most voted
Notify of
Louis
Guest
Louis

FaceBook, whose rise in value has been even more parabolic than that of Bitcoin, and has arguably less substance to it, is driven by a university dropout …..