Sun, 10 December 2017
The Bitcoin futures market is now open and the bitcoin mania continues by hitting an all-time high over $17,000 per BTC! Is this the next tulip bubble from Holland in the 1600’s?
The Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up! How long will this bitcoin bull market continue? In a two week period, Bitcoin went from $8,000 per coin to $16,000! There’s definitely a lot of similarities between Bitcoin and the tulip bulb mania from the 1600s. People literally were trading their houses for a single tulip bulb! What, you say this time is different? From what I have seen from history, this time is never different.