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Bitcoin => Press => Topic started by: btc_angela on June 06, 2017, 10:09:27 PM



Title: [2017-06-07]The Man Who Braved the Dot-Com Bubble Calls Bitcoin a Bubble
Post by: btc_angela on June 06, 2017, 10:09:27 PM
The Man Who Braved the Dot-Com Bubble Calls Bitcoin a Bubble

Mark Cuban, the billionaire philanthropist who made a fortune during the “Dot-com bubble” or the “Dot-com boom” has now categorized Bitcoin as a bubble. A notable personality, one of the “Sharks” in the Shark Tank TV show expressed his opinion over a series of tweets.

According to Cuban, Bitcoin is in a bubble which is waiting to burst. His comments come at the time when the popular cryptocurrency’s value is at an all-time high of about $2850. The Twitter discussion seems to have been triggered by invitation to be part of a podcast on Bitcoin and cryptocurrencies. In response to the request, Cuban replied,

"I think it’s [Bitcoin and cryptocurrencies] bubble. I just don’t know when or how much it corrects. When everyone is bragging about how easy they are making $ [money] = bubble."


http://www.newsbtc.com/2017/06/06/bitcoin-bubble-mark-cuban/