Bitcoin Bloodbath Nears Dot-Com Levels as Many Tokens Go to Zero
"Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books."
Read more: www.bloomberg.com
More news sources
Blockchain Hype Overstates Reality, Says Steve Wozniak
Technologist and Apple Inc. co-founder Steve Wozniak played contrarian at the NEX technology conference in late June, comparing the hype around blockchain to the fervor he witnessed just before the implosion of the dot-com bubble. Still, Wozniak stood by ...
Read more: bitcoinmagazine.com
Other hot crypto news today
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- BitMEX CEO: Bitcoin Will Move to $50000 by the End of 2018
- VeChain Arrives: What to Know About the $1.5 Billion Blockchain for Business
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In the last quarter of 2017, It was a big pump to the Cryptocurrency especially Bitcoin which raised the price to all time high of 20000 USD however market is doing adjustment since past 6 months. In my point of view, 2018 will view mass increase in the Crypto market. Despite of the fact that few economists are still viewing Bitcoin to hit 5000 USD which is a likely Buy price however it is predicted that Crypto industry may view massive upside move in next two quarters.