4 ms·
You could say that fundamentals have not changed, so it's a bubble. But the end-game is bitcoin becoming a major currency (although, if it does that, it will in
by Tycho 13y ago
You could say that fundamentals have not changed, so it's a bubble. But the end-game is bitcoin becoming a major currency (although, if it does that, it will inevitably become the reserve currency), so the price should be subject to intense political risk and also a long way from it's potential peak. So it's not really like the tulip bubble.
- randartie 13y agoIt has changed, US Government is talking about it. http://www.bloomberg.com/news/2013-11-18/u-s-agencies-to-say-bitcoins-offer-legitimate-benefits.html http://www.bloomberg.com/news/2013-11-18/u-s-agencies-to-say...