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Is Bitcoin the Next Legendary Investment Bubble?

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Bitcoin overwhelmed the world in 2017, rumbling into the popular consciousness like an out-of-control freight train. The price of the cryptocurrency soared more than 1,300% last year, and while 2018 hasn’t been so hot so far — the price has risen then plummeted sharply — many speculators are still hot for bitcoin.

The stories of what people have done to buy bitcoin are just outrageous. Some have mortgaged their houses, while others are using credit cards to buy the currency. It’s now a punchline that buyers know little about bitcoin other than its price has shot up quickly. It’s the kind of behavior that is typically seen in a financial mania, or bubble.

So it’s worth asking: Is bitcoin a bubble? Let’s take a quick look at a few of the...

Continue reading on www.nerdwallet.com

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Investing

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I don't think so. As for me, bitcoin has big future and the only right choice, for now, is starting to mine it. Of course, better was to start 1-2 years before, but if you didn't, you don't late at all. Of course, it needs to choose correctly GPU for mining to get the best result.

cryptoboom.com is leading media platform covering cryptocurrency, the blockchain, ICO, and the next-gen web. Our company offers information services, latest news, prices, and events to educate and connect the global digital currency community.


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