Bitcoin is a bubble waiting to burst
 

Bitcoin is a bubble waiting to burst
https://i.amz.mshcdn.com/ZYNKRkBxRF5...c0952d597b.jpghttps://a.amz.mshcdn.com/assets/feed...8be198fb13.jpghttps://a.amz.mshcdn.com/assets/feed...6a4ca77139.jpg
For those of us with long memories and some sense of history, Bitcoin’s recent meteoric rise 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


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...

More about Bitcoin, Bitcoins, Cryptocurrency, Bitcoin Cash, and Techhttp://feeds.feedburner.com/~r/Mashable/~4/1hEEjj2kL5o