Tags: Bloomberg

Bothered by missing out on the Bitcoin run-up?

The Bitcoin run-up to almost US$12000/Bitcoin is spectacular. Some even forecast it will reach US$80,000 in 2018, which may be pushing the boundaries of credibility (remember those who predicted, in the times of the dot.com bubble, that the Dow would reach higher than that market is now – almost 20 years later). If you seek…

Bitcoin – worry, attitudes and futures

Bitcoin valuations head relentlessly up. At the start of 2017 a Bitcoin was worth a little over US$1,000. In eleven months it is almost ten times as much. What should make a virtual cryptocurrency rise so much? Are they worth it? There is no easy answer. Two demonstrations of this are analyses coming from Bloomberg and…