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GMTRADES

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GMTRADES

Re: None

Saturday, 06/10/2017 1:17:31 PM

Saturday, June 10, 2017 1:17:31 PM

Post# of 57928
Mark Cuban tweets cyptocurrency is a Bubble,

Bitcoin Price Tumbles Again:

... be it "options" for tulip bulbs, fiat money in the Mississippi bubble of the 1700s, stock in the South Sea bubble, leverage in 1929 or collateralized debt instruments in the credit crunch of 2007. Bitcoin is a new financial instrument and it is taking the same path. The second thing is, and this is very important, tulips in Amsterdam remains a billion-dollar industry to this day. The flotilla of new instruments that nearly sunk capitalism in 2007 are still trading in massive quantities today ...

https://www.forbes.com/sites/investor/2017/05/31/cryptocurrency-is-a-bubble/#67543ac433b1


Tags: $BLKG,BITCF,BTSC,BTCS,BitCOIN,SEC:Winklevoss, @mcuban
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