Is Cryptocurrency A Speculative Bubble?

Is Cryptocurrency A Speculative Bubble?

It’s been a big year for cryptocurrency. In particular, bitcoin – the first and best known unregulated, exclusively digital currency – was trading near $6,000 as of late October 2017, with some analysts predicting that in the future, prices will peak somewhere north of $10,000. But despite the currency’s rapid growth in value, not everyone is fond of it. “I just don’t believe in this bitcoin thing. I think it’s just going to implode one day. I think this is Enron in the making ,” said Al-Waleed bin Talal , a Saudi prince and billionaire investor with holdings in […]