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Updated about 7 years ago on .

Account Closed
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187
Votes |
297
Posts

With Bitcoin, why do you need stock market

Account Closed
  • Earth
Posted
“With Bitcoin, why do you need the stock market?’ has been the saying of late, “Doll says. https://www.cnbc.com/2017/11/27/bitcoin-is-speculative-but-its-run-to-9600-is-amazing-bob-doll.html?recirc=taboolainternal A Top Hedge Fund manager says Bitcoin could “easily” hit $40,000 by the end of 2018. https://www.google.com/amp/amp.timeinc.net/fortune/2017/11/27/bitcoin-michael-novogratz-40000 Bitcoin was about $1000 at the beginning of year 2017. In less than 12 months, today, Bitcoin has raised more than 900% to about $9,700. To me, this is super crazy, and I feel that it won’t end well. I don’t believe in Bitcoin and would not buy it at such a high price.