When I last wrote on bitcoin, the price was somewhere in the vicinity of $4,500. Bitcoin’s price continues to defy gravity. Not just defy gravity, the price has gone up vertically! It has more than tripled in three months since I last wrote. I don’t know of any other asset/currency that has moved up in value so […]
Tag: energy
bitcoin: Bubble or Beginning? Both!
This blog first appeared on the equitiesforum.com. here. There is no denying that the recent cryptocurrency boom resembles the one we saw among dotcom companies in the late 1990s. Celebrities then were taking equity stakes in start-ups in exchange for promoting them, and we are seeing a similar trend today[i]. In the late 1990s, over […]