Current Bitcoin Price

Friday, December 1, 2017

When Grandma and Grandpa join the frenzy, you know bitcoin is turning into a bubble

Yet bitcoin bears all the signs of a bubble. Its price has run up by roughly 1,000% this year, reaching more than $11,000 on Wednesday before backtracking. That price seems divorced from the value of any underlying commodity — in fact, there is no underlying commodity. Its promoters talk as though it's ...

from Google Alert - Bitcoin http://ift.tt/2jEfolI

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