This Stock Market Bubble Makes the Bitcoin Crash Look Like a Joke

2019-5-12 22:45

By CCN: Wall Street loves to compare bitcoin to tulip bulbs and beanie babies, but if the stock market isn’t trapped in a devastating bubble then nothing is. It’s easy to trash crypto in the wake 2017 ICO frenzy.

From peak to trough bitcoin lost around 85 percent of its value in 2018. And bitcoin is generally regarded as the safe haven play in the digital currency landscape. Many small-cap coins lost more than 95 percent of their value; others went bust. That may, however, be a valuable lesson for anyone keeping a close eye on US equities. Stocks are

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Google AI Briefly Describes Bitcoin as ‘Collapsed Economic Bubble’

Reports have documented the recent description of Bitcoin as comprising a “collapsed economic bubble” on the part of Google’s artificial intelligence (AI). The bizarre depiction of the world’s first cryptocurrency came as a result of an edit made to Wikipedia classifying Bitcoin in said terms, with its author justifying such as representing “the majority view.

2018-12-18 17:55