Archive | bubble

Economist: If Bitcoin is a Bubble, Final Stage of ‘Panic’ on the Horizon

Tulip mania was a period in the Dutch Golden Age during which contract prices for bulbs of the recently introduced and fashionable tulip reached extraordinarily high levels before dramatically collapsing in February 1637. Some skeptics consider Bitcoin to be the tulip bubble of the 21st century, but it’s really not so simple. Bitcoin: Bubble or New Global Currency? Let’s… […]

Wikipedia Co-Founder: “The Crypto World is Absolutely, Definitely in a Bubble”

The co-founder of Wikipedia has once again publicly denounced cryptocurrency. James Wales told a European blockchain conference that the entire digital currency space was in a bubble that was certain to pop. James Wales: “Right Now, We are in a Bubble” The Wikipedia co-founder was speaking at a blockchain conference held in Berlin. During his… […]

No, the Bitcoin Bubble is Not Bursting

Bitcoin doomsayers have once again called it too early. Bank of America Corp., the second-largest bank in the US by total assets, announced that “the greatest bubble in history is popping”. Somehow, it doesn’t seem that way. The price of Bitcoin has broken above the $8,000 mark and has steadily collected gains over the weekend. Yes, this… […]