The Bitcoin market is only just maturing as an investment and the underlying value of the cryptocurrency is still unknownBitcoin is a “speculative mania” according to the governor of the Reserve Bank of Australia. But it’s not so easy to say that Bitcoin is a bubble – we don’t know how to value it.Recent price rises (close to $18,000 in the past three months) may be too great and can’t continue. But the Bitcoin market is only just maturing as an investment and as a currency, and so it may still have room to grow. Continue reading…
Via: A bubble? We don’t even know how to value Bitcoin | Alicia (Lucy) Cameron and Kelly Trinh

Categories: English News

Related Posts

English News

PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats

President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…

English News

Viewers stunned after Family Fortune contestant gives very naughty answer

Kash Popat, from Harrow, a contestant on ITV’s Family Fortunes, left everyone speechless after her answer to ‘something you put in you mouth but don’t swallow’ was bleeped on the family show. Via: Viewers stunned Read more…

English News

Allies say Boris Johnson 'WILL u-turn and provide more cash to feed poor children'

Boris Johnson insisted he was ‘very proud’ of the way the government had supported families during the pandemic, including handing tens of millions extra to councils and increasing universal credit. Via: Allies say Boris Johnson Read more…