Pinterest. Michael Burry described bitcoin as a "speculative bubble." ... Bitcoin never sleeps, or … The founder of the BTCC exchange said the price of bitcoin … ... Amid growing bitcoin bubble fears, Bank of America BAC has revealed bitcoin is currently the world’s most crowded trade among investors it … 0. Share. ... A number of Nobel Prize winning economists have warned against Bitcoin, saying it is a speculative bubble… Bitcoin's 2021 record climb has widened the chasm between those who believe it is 21st century digital gold and those who believe it is the biggest bubble in history. Big Short investor says Bitcoin is in a “speculative bubble” and compares the digital currency to the 2007 housing market. The Bitcoin maximalists. Bitcoin Bubble Fears Forming In addition to the aforementioned survey, a number of high-profile bears have emerged of late. Bitcoin had a stellar comeback and traded close to USD 65,000 per unit at its peak last month. Overnight, a broad selloff of prominent cryptocurrencies has vaporized billions of dollars in value. At the same time, economists are terrible at identifying and even modeling bubbles. Yun Li ... but it … Bitcoin prices have doubled in less than a month to more than $40,000. WhatsApp. Crypto's Coming of Age May Kill the Bitcoin Bubble. Bitcoin bubble in terminal stage Cryptos | 5/7/2021 5:01:28 AM GMT. May 19, 2021. March 04, 2021 Why is bitcoin still going up? Aurich Lawson | Getty Images. And while cryptocurrency bulls argue this stunning surge is justified, some on Wall Street are warning that this won't end well. Facebook. Bitcoin bust could be a positive as resilient stock market works through yet another bubble pop ... May 19 2021 1 :19 PM EDT. 0. ... April 19, 2021, 1:51 AM EDT A shovel, not a nugget of digital gold. Bitcoin bubble bursts overnight, dragging down stocks. March 2, 2021 8:34 AM ET. ET Is it a bubble? Key Words Don’t fall for the bitcoin bubble, even the Flintstones had a better system, warns economist Nouriel Roubini Published: Feb. 13, 2021 at 9:13 a.m. Bitcoin could surge to $300,000, but the bubble is likely to pop dramatically, Bobby Lee said. One such bear that caught my … The "Big Short" investor grouped it with electric vehicles, SAAS, and meme stocks. One can say that any fiat money—that is, money that isn’t backed by a commodity like gold or silver—is a bubble. May 13, 2021, 02:45am EDT. Twitter. By admin.