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Topic: [2016-06-22]Bitcoin Price Watch; A Cautionary Tale (Read 266 times)

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Bitcoin Price Watch; A Cautionary Tale

If all we seem to be doing at the moment is offering up cautionary tales, it’s because that’s exactly what we are doing. It’s so easy to get overexcited when price gains double digit percentage points in the space of a few hours – something we’ve seen on a number of occasions across the last week or so – but this excitement must temper at some point. Why? Because when all is said and done, bitcoin is not like other traditional financial assets. Not right now, at least...

http://www.newsbtc.com/2016/06/21/bitcoin-price-watch-cautionary-tale/
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