“The biggest financial bloggers reveal their positions on bitcoin and cryptocurrencies” – Market Watch | $2775.26

“People are comparing bitcoin to tulip bulbs. I think those comparisons are apt,” he said. “But at least with tulips, you had something tangible — a plant.”

Wolf Richter of the Wolf Street blog isn’t going anywhere near it, either.

“There are no fundamentals to consider because there are no fundamentals with bitcoin,” he explained. “You’re participating in a system where the only hope is that someone even more enthusiastic will buy it from you at a higher price.”

Eulogy made by: Jared Dillian and Wold Richter

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.

Leave a Reply

avatar
 
  Subscribe  
Notify of