It's why you need to be investing in #altcoins :wink:


For now, the rise of bitcoin seems divorced from any fundamental rationale. Investors who bought in before, say, midyear 2017 have made so much money in the market that they could weather a crash of even 40% and still be in the black. Those who have been enticed in at the current stratospheric prices may be living on a knife edge, however. “People aren’t buying based on any fundamental knowledge of the product,” says Mark Hulbert, an investment commentator who this week placed the chance of a crash at better than 80%. “They’re just interested because they see it going up.”

Source: http://www.latimes.com/business/hiltzik/la-fi-hiltzik-bitcoin-bubble-20171201-story.html