The ongoing run up in Bitcoin and other digital currencies has most of the elements of a bubble, but it has yet to reach a cascade and turn into mania--the stage when a critical mass of investors rush to buy "hot" Bitcoins for the promise they hold -- rather than for the fundamentals they display.
The ongoing run up in Bitcoin and other digital currencies has most of the elements of a bubble, but it has yet to reach a cascade and turn into mania--the stage when a critical mass of investors rush to buy "hot" Bitcoins for the promise they hold -- rather than for the fundamentals they display.
Share this Article
Recommended