Bitcoin Forum

Economy => Speculation => Topic started by: StockBet.com on October 24, 2017, 04:33:32 PM


Title: Bubble or Not?
Post by: StockBet.com on October 24, 2017, 04:33:32 PM
The last bubble was in 2013.

Bitcoin is not a classic bubble, but still be 'suspicious,' says investing expert William Bernstein
https://www.cnbc.com/2017/10/24/william-bernstein-bitcoin-is-not-a-classic-bubble.html

Quote
  • William Bernstein is a neurologist who became a best-selling author on investing in the 1990s.
  • Bernstein does not believe bitcoin is a classic investing bubble because it doesn't fit all four of the criteria of manias he developed.
  • "Unless [you are] an expert on blockchain technology and bitcoin, stay away. Don't invest in things [you] don't understand," Bernstein told CNBC.

Do you think we're in the 5th bubble?


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