rss
11-30-2017, 02:01 AM
Bitcoin is a bubble waiting to burst
https://i.amz.mshcdn.com/ZYNKRkBxRF5YSW6zJCT25RjeU68=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F663868%2Fd9928277-9a05-4afa-9f49-24c0952d597b.jpghttps://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (https://twitter.com/share?via=Mashable&text=Bitcoin+is+a+bubble+waiting+to+burst&url=http%3A%2F%2Fmashable.com%2F2017%2F11%2F29%2Fi s-bitcoin-a-bubble%2F)https://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (https://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2017%2F11 %2F29%2Fis-bitcoin-a-bubble%2F&src=sp)
For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise (http://mashable.com/2017/11/29/bitcoin-11000/) 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.
SEE ALSO: How to talk to your mom and dad about Bitcoin on Thanksgiving (http://mashable.com/2017/11/22/how-to-explain-bitcoins-to-your-parents/?utm_campaign&utm_cid=a-seealso&utm_context=textlink&utm_medium=rss&utm_source)
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... (http://mashable.com/2017/11/29/is-bitcoin-a-bubble/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoins (http://mashable.com/category/bitcoins/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (http://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoin Cash (http://mashable.com/category/bitcoin-cash/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/1hEEjj2kL5o
https://i.amz.mshcdn.com/ZYNKRkBxRF5YSW6zJCT25RjeU68=/575x323/filters:quality(90)/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fima ge%2F663868%2Fd9928277-9a05-4afa-9f49-24c0952d597b.jpghttps://a.amz.mshcdn.com/assets/feed-tw-e71baf64f2ec58d01cd28f4e9ef6b2ce0370b42fbd965068e9 e7b58be198fb13.jpg (https://twitter.com/share?via=Mashable&text=Bitcoin+is+a+bubble+waiting+to+burst&url=http%3A%2F%2Fmashable.com%2F2017%2F11%2F29%2Fi s-bitcoin-a-bubble%2F)https://a.amz.mshcdn.com/assets/feed-fb-8e3bd31e201ea65385a524ef67519d031e6851071807055648 790d6a4ca77139.jpg (https://www.facebook.com/sharer.php?u=http%3A%2F%2Fmashable.com%2F2017%2F11 %2F29%2Fis-bitcoin-a-bubble%2F&src=sp)
For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise (http://mashable.com/2017/11/29/bitcoin-11000/) 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.
SEE ALSO: How to talk to your mom and dad about Bitcoin on Thanksgiving (http://mashable.com/2017/11/22/how-to-explain-bitcoins-to-your-parents/?utm_campaign&utm_cid=a-seealso&utm_context=textlink&utm_medium=rss&utm_source)
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... (http://mashable.com/2017/11/29/is-bitcoin-a-bubble/)
More about Bitcoin (http://mashable.com/category/bitcoin/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoins (http://mashable.com/category/bitcoins/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cryptocurrency (http://mashable.com/category/cryptocurrency/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Bitcoin Cash (http://mashable.com/category/bitcoin-cash/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Tech (http://mashable.com/tech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/1hEEjj2kL5o