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Monday, July 17, 2017

The Brief History of Bubbles

The Brief History of Bubbles

Digital currencies have experienced incredible price growth since the beginning of 2017, leading many to wonder if their market value is exceeding their intrinsic value.


When this happens, speculators drive the price of an asset to lofty and unsustainable heights, creating a financial bubble.


These bubbles inevitably pop, bringing potential ruin to those who bought near the top.


Severe speculative bubbles can also discredit an entire market sector, leading to a prolonged bear market as traditional investors stay away.


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


Source: CoinTelegraph


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