Bitcoin is a bubble that may crash soon – Jeremy Grantham: In the latest development, a noted investor Jeremy Grantham, who called the last two major market bubbles, said bitcoin is a bubble that may crash soon. “This is a true, crazy mini-bubble of its own I expect,” Grantham, co-founder of Boston-based investment management firm … Read more
Bitcoin is a bubble, but the technology behind it could transform the world – Will Hutton: Humanity’s earliest, truly transformative general purpose technologies were the ability to cross-fertilise plants and cross-breed animals. Suddenly, it made more sense to farm than to hunt and gather. The surge in agricultural output meant humans could do other things … Read more
Bitcoin now worth $15,000 after losing more than 30% of its value in one day and sinking as low as $12,000. Bitcoin bounced back above $15,000 on Boxing Day, recovering some of the ground lost in a pre-Christmas rout that pushed its price down below $12,000. Bitcoin, the world’s biggest and best-known cryptocurrency, lost more … Read more
Opinion: Bitcoin is perfectly tracking major bubble phases: Most people who own a line of code that represents the cryptocurrency bitcoin did not buy it to use it in a financial transaction — as cryptocurrency enthusiasts tout their benefits — but because its price is rising. That’s the entirety of it. The price is rising … Read more
Bitcoin CRASH imminent? Investor warns bitcoin bubble is ‘bloodiest DANGER of the century’: Bitcoin prices are riding an all-time high but the hyper-inflated exchanges are the tell-tale signs of a major crash about to happen, said the CEO of Patriarch Equity investment group. Eric Schiffer, who has taken upon himself to warn potential investors against … Read more
‘Biggest bubble of our LIFETIME’ Bitcoin will spiral out of control and CRASH, expert says: EXCLUSIVE: BITCOIN has been described as the “biggest bubble of our lifetime” as an expert warned the cryptocurrency will likely spiral out of control before crashing. Bitcoin prices are riding an all-time high while the currency has been more widely … Read more