Bitcoin Forum
September 17, 2019, 08:08:02 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-05-14]Bitcoin’s surge fuels fears of asset bubble  (Read 4203 times)
elite3000
Legendary
*
Offline Offline

Activity: 1074
Merit: 1000


View Profile
May 14, 2017, 05:13:19 PM
 #1

Value of unregulated crypto currencies bursts through $50bn


Sky-high valuations for bitcoin have helped the value of crypto currencies burst through $50bn, raising fears of an asset bubble in the unregulated market.
   
https://www.ft.com/content/ce3ef54e-371b-11e7-bce4-9023f8c0fd2e

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568750882
Hero Member
*
Offline Offline

Posts: 1568750882

View Profile Personal Message (Offline)

Ignore
1568750882
Reply with quote  #2

1568750882
Report to moderator
1568750882
Hero Member
*
Offline Offline

Posts: 1568750882

View Profile Personal Message (Offline)

Ignore
1568750882
Reply with quote  #2

1568750882
Report to moderator
1568750882
Hero Member
*
Offline Offline

Posts: 1568750882

View Profile Personal Message (Offline)

Ignore
1568750882
Reply with quote  #2

1568750882
Report to moderator
richardsNY
Legendary
*
Offline Offline

Activity: 1176
Merit: 1084


View Profile
May 14, 2017, 07:16:54 PM
 #2

Bitcoin's price sits somewhat on the higher side, but the real bubble sits in the altcoin part of the market. It's insane how certain altcoins (mainly Ether and XRP) have gone nuts. Both coins are now good for a combined market cap of $16 billion. Obviously, Bitcoin's increase has massively contributed towards their growth as well. It's not that long ago (last year) that Bitcoin had a lower market cap than $8 billion -- what a difference.
BitDane
Sr. Member
****
Offline Offline

Activity: 721
Merit: 250


View Profile
May 14, 2017, 08:42:03 PM
 #3

Those who are not aware of Bitcoin milestone will certainly have fears of asset bubble.  This increase of Bitcoin price does not came from nowhere.  There is basis for this increase and that is adoption of certain countries.  Probably this fear is more appropriate to altcoin market since I cannot see any reason why this coins are increasing.
cr1776
Legendary
*
Offline Offline

Activity: 2366
Merit: 1035


View Profile
May 14, 2017, 09:55:43 PM
 #4

Same stuff I've been reading since 2010. Yawn.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!