Tag Archives: Bubble

Bitcoin bubble could burst & it would be no big deal – report

The surge of bitcoin has been raising fears that it could be approaching bubble territory. Analysis from Capital Economics, however, says its crash wouldn’t be that big of a deal for the broader financial markets. Read more “Unlike the bubbles in the tech sector in the late 1990s and in US residential property a few years later, a bursting of ...

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As David Letterman’s first Netflix guest, Barack Obama warns against the ‘bubble’ of social media

David Letterman seems to be taking the title of his new Netflix show very seriously: On the very first episode of My Next Guest Needs No Introduction With David Letterman, he’s joined by former U.S. President Barack Obama. The episode has plenty of funny moments, like Obama ribbing Letterman about his nearly Biblical beard. But they cover substantive political topics, ...

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As David Letterman’s first Netflix guest, Barack Obama warns against the ‘bubble’ of social media

David Letterman seems to be taking the title of his new Netflix show very seriously: On the very first episode of My Next Guest Needs No Introduction With David Letterman, he’s joined by former U.S. President Barack Obama. The episode has plenty of funny moments, like Obama ribbing Letterman about his nearly Biblical beard. But they cover substantive political topics, ...

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US meddling, Kim’s win & bitcoin bubble: Top 5 Putin quotes from meeting with press

From US interference into other countries’ affairs to the cryptocurrency craze, Russian President Vladimir Putin managed to cover a wide range of topics while speaking at his latest major media briefing. Putin sat down with the heads of major Russian media outlets on Thursday. While he mostly commented on international politics, issues such as cryptocurrencies and the digital economy did ...

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China on the verge of bursting bitcoin bubble

Published time: 9 Jan, 2018 09:52 China’s regulatory clampdown on cryptocurrencies is sparking a mass exodus of bitcoin miners from the country, which has the potential to radically alter both global bitcoin and energy markets. According to a document leaked online, China’s internet-finance regulator has recommended that local governments squeeze bitcoin miners out of the country through electricity pricing, taxation, ...

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Bitcoin heading to $0.00 & many will lose everything when bubble pops – warns investor Peter Schiff

Published time: 21 Dec, 2017 09:54 Bitcoin is a massive speculative bubble that will implode, and people who are buying it now will be left holding the bag, according to economist Peter Schiff, best known for predicting the 2008 financial crash. “People who got it years ago, even people who got it at the beginning of the year have the ...

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Bitcoin hits new record brushing aside worries of potential bubble

Published time: 16 Dec, 2017 13:36 Edited time: 16 Dec, 2017 13:46 Leading virtual currency bitcoin blasted to another all-time high above $ 18,400 on Saturday. Traders are continuing to defy warnings of the risks of investing in the highly volatile and speculative instrument. The cryptocurrency has gained a staggering 1,800 percent this year. This month, bitcoin has climbed more ...

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Bitcoin has surpassed Dutch Tulip Mania as biggest bubble ever

Published time: 13 Dec, 2017 09:30 Edited time: 13 Dec, 2017 09:42 Virtual currency bitcoin has officially become the largest bubble in history, eclipsing the notorious “Tulip Mania,” the speculative bubble that shook the Dutch economy before it collapsed in 1637. According to analysts Howard Wang and Robert Wu from Convoy Investments, the bitcoin price has “gone up over 17 ...

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Bitcoin is a ‘dangerous speculative bubble’ – Yale economist warns

Published time: 5 Dec, 2017 13:33 Edited time: 5 Dec, 2017 13:52 The bitcoin buying frenzy is a ‘toxic concept for investors,’ according to Stephen Roach, who’s described by Yale Univesity as one of Wall Street’s most influential economists. Read more “This is a dangerous speculative bubble by any shadow or stretch of the imagination,” Roach told CNBC. The Yale ...

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Bitcoin ‘looks and smells’ like a bubble, warns investment guru Jim Rogers

Published time: 4 Dec, 2017 09:41 Cryptocurrencies are a speculative bubble reminiscent of any bubble seen in the history of finance, explains legendary investor Jim Rogers. Like any bubble, bitcoin can become larger, and bring further gains from the record highs, but also may burst, warns the analyst in an interview with Marketwatch. Read more “It looks and smells like ...

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