Saturday, April 1, 2017

4 Ways To Tell If Bitcoin Is In A Bubble

4 Ways To Tell If Bitcoin Is In A Bubble

No one wants to be on the wrong side of a bubble. If you invested in dot.com stocks the end of 1999 or bought a house with an adjustable-rate mortgage in 2008, you know exactly what I mean.

When it comes to the cryptocurrency Bitcoin, there's every reason to be cautious. It's not regulated. There's no Federal Reserve behind it. There's no real guarantee for its value, which is determined by software. Forget about deposit insurance like the FDIC.

Despite numerous red flags about Bitcoin, it's still all the rage for those championing its role as an alternative currency. I just hope those who love Bitcoin aren't also subscribing to "alternative facts."

Full story at http://bit.ly/2niZtfE

Tweet This Story

 

 

 

Donation:
If you appreciate the things I share,
consider making a contribution no matter
how small via PayPal. If you use Bitcoin you can
send donations to my Bitcoin Wallet:
12pAsyMdZoTHPvkiRAZiuQhC8bF4DLbYpQ

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.