“Investors Carried Out Mental Gymnastics to Justify Bitcoin Prices” – Bloomberg Editor-in-Chief

“Investors Carried Out Mental Gymnastics to Justify Bitcoin Prices” – Bloomberg Editor-in-Chief


Bloomberg co-founder and former Editor-in-Chief, Matt Winkler has likened speculation-driven bitcoin price movements to the dotcom boom of the mid to late 1990s, comparing the excuses given by investors for irrational market optimism at that time to the reasons given by modern day cryptocurrency speculators. Speaking to Emily Chang on Bloomberg Technology, Winkler explained that cryptocurrency investors

The post “Investors Carried Out Mental Gymnastics to Justify Bitcoin Prices” – Bloomberg Editor-in-Chief appeared first on CCN

Posted by David Hundeyin on December 17, 2018 @ https://www.ccn.com/investors-carried-out-mental-gymnastics-to-justify-bitcoin-prices-bloomberg-editor-in-chief/

Comments are closed.