[ad_2][ad_1] When the bubble breaks out, people do not realize it at the beginning. When the bubble breaks out, it's always just another volatile day. "It's just a correction, a bump on the road, buy the dive, you'll recover, you wait." Until it does and it becomes painfully evident that …
Read More »How low will Bitcoin be now? The history of the price bubbles provides some clues
[ad_2][ad_1] Almost 170 years before the invention of Bitcoin, journalist Charles Mackay underlined how whole communities can "fix their minds on an object and go crazy in its pursuit". Millions of people, he wrote, "become simultaneously struck by delirium and haunt him, until their attention is captured by a new …
Read More »Co-founder of Ethereum Joseph Lubin: bitcoin bubbles are good
[ad_1] Joseph Lubin, co-founder of Ethereum and CEO of ConsenSys. Astrid Stawiarz / Getty Images for the Tribeca Film Festival The Bitcoin bubble has sprung up once again. Activated by the SEC's delay on a key decision on Bitcoin's ETF and exacerbated by the sell-off of investors, the price of …
Read More »