Well it has finally happened. We looked at those charts of ever rising price of bitcoin and said this cannot last, and it hasn’t. The bitcoin bubble has finally peaked and now all that is left is to watch its steady and inexorable decline.
So what now for bitcoin? It will crash and disappear like , Leheman Brothers and Anglo Irish Bank, existing only in the memories of economists.
Eulogy made by Robert Nielsen
Latest posts by Ofir Beigel (see all)
- “JPMorgan CEO Jamie Dimon says bitcoin is a ‘fraud’ that will eventually blow up” – CNBC | $4,367.12 - September 12, 2017
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- “Why China Crushed Bitcoin” – Forbes | $4,450.15 - September 9, 2017