Sentences with phrase «bitcoin mania»

He said there was cause for caution with equity markets hitting record highs, government bonds historically expensive, corporate and high - yield spreads at record lows, and «bitcoin mania» taking hold, creating a market capitalization of $ 500 billion with «as far as we can tell, zero intrinsic value.»

In a phone interview with CNBC, Birinyi said that the Bitcoin mania is forcing more of the cash that has been kept idle on the sidelines back into the stock markets.

Aggressive marketing drives from Japan's 11 government - approved cryptocurrency exchanges is one of the reasons why bitcoin mania is surviving recent price volatility, says Toyokeizai.

2017 was the year of bitcoin mania.

Bitcoin mania that shook the world, with popularity and great raise in the past years, invoked many to be a part of this incredible story, to start digging their digital fortune, to invest, to trade, etc. and many others who started asking questions like how can be possible, that something with no value in the beginning reach some illogical figures at present and become an international trading mechanism.

Litecoin finally showed its true colors and joined the Bitcoin mania to reach for crazy new highs this week.

South Korea Financial Services Commission released a statement Thursday that listed all the steps it plans to take in order to put a break on the Bitcoin mania.

Bitcoin mania has taken over the business world.

2017 was the year of Bitcoin mania.

Secretary of the Commonwealth, William Galvin, warned investors about «Bitcoin Mania» in a December 13, 2017 release.

A new wave was added to the never - ending Bitcoin mania when the Chicago Board of Exchange (CBOE) became the first major derivative exchange to launch Bitcoin futures on December 10.

This time, the bitcoin mania, which has dwarfed even the Tulip Bulb lunacy, should become the posterchild graduate school case study for not only finance, but also psychology, sociology, and perhaps other disciplines.

Democratic Sen. Joe Donnelly pressed regulators on what they were doing to help «retail» investors — average Americans who have seized on bitcoin mania.

The Bitcoin mania has helped Coinbase, the world's biggest and most trusted exchange to buy, sell and store Bitcoin, to become the No. 1 free iPhone app in the U.S.

In this hour, Wes discusses the Bitcoin mania and REITs are explained.

If you invested in the markets circa 1999, it is hard to observe the Bitcoin mania and not experience the feeling that... Keep Reading

Look all the way to the left to see the mania we call today «Bitcoin» Chart originally appeared in the Wall Street Journal, November 29, 2017 in the article titled «Bitcoin Mania: Even Grandma Wants In On The Action»

Nevertheless, despite the fact that bitcoin is not the only overvalued asset class, it appears to us that bitcoin mania is a textbook - like bubble — and one that is probably just about to burst.

Bitcoin mania is starting to look like a religion.

Readers may remember that in October 2017, Riot abruptly pivoted from veterinary patents to blockchain technology and cryptocurrency endeavors, a shift that coincided with the bitcoin mania.

In one of the most speculative stock moves around the bitcoin mania, a tiny stock of a former fruit juice company briefly soars more than 200 percent.

In an appearance at a separate conference earlier in the day, Dimon said bitcoin mania is reminiscent of the tulip bulb craze in the 17th century.

Not exact matches

In the short term, the widespread distribution of Bitcoin Cash is likely to intensify the speculative mania surrounding crypto - currency, which some are warning is a bubble.

The boom and mania around Bitcoin in recent months reminds me a little of the Dot Com boom and mania 20 years ago.

China's ruling Communist Party mouthpiece lashed out at bitcoin on Wednesday, labelling the volatile cryptocurrency a bubble and a modern - day tulip mania.

The current craze for bitcoin, and cryptocurrencies in general, have been likened by some to the 17th century Dutch tulip mania and more recently the dotcom bubble.

Hockett sees echoes of that disaster in Bitcoin - mania.

Bitcoin is in the «mania» phase, with some people even borrowing money to get in on the action, securities regulator Joseph Borg told CNBC on Monday.

With crypto mania sweeping the world, a handful of countries have stirred at the possibility of issuing their own virtual currencies based on blockchain, the technology behind Bitcoin.

that likens bitcoin to an infectious disease and shows that like flu season, price spikes and cryptocurrency mania may be nearing an end.

To be clear, MoneySense did that piece not so much to encourage investors to grab some indirect exposure to Bitcoin, but to make them aware of how their stock investments may already be being affected by the mania.

A version of this post appears as a sidebar in the «Blockchain Mania» article in the Sept. 1, 2017 issue of Fortune with the headline «Bitcoin in Real Life.»

That contrasts with JPMorgan Chase CEO Jamie Dimon's remarks earlier this month that bitcoin is a «fraud» and the mania around it «won't end well.»

Bitcoin is «officially an investor mania,» according to Josh Brown from Ritholtz Wealth Management.

Jim Chanos, who became famous for negative calls on Enron and Tyco, has called Bitcoin «a speculative mania» and compared it to the»90s Beanie Babies craze.

When one compares bitcoin's five - year price momentum (adjusted for inflation) against that of previous asset bubbles, bitcoin dwarfs the runners - up — the Mississippi bubble of 1720 and the Amsterdam Tulip Mania of 1637.

In many ways, Bitcoin represents the perfect mania — as there are zero cashflows or dividends or earnings involved with this asset class, there is literally no traditional way in which to value it.

Bitcoin, having soared above $ 9,000 over the weekend with year - to - date gains of nearly 800 %, is now officially an investor mania.

In the case of Bitcoin, this limited supply has contributed to a buying mania that would make a Beanie Baby blush.

It has become fashionable to dismiss Bitcoin as a speculative mania, and assert that the real value lies in blockchain.

Alex Button, chief currency analyst at currency - trading information company ForexLive, calls Bitcoin's skyrocketing price a symptom of mania.

Bitcoin «is a speculative mania.

But I have heard stories that former English literature professors are leaving their posts at universities in order to become Bitcoin players — This is a mania.

In my weekly newsletter that I literally just published, I included a graph of the Tulip mania from 1630 and Bitcoin has almost surpassed the level of that hysteria and mania.

The recent mania for bitcoin and other cryptocurrencies — which we think... Read More

Bitcoin «is a speculative mania.

The mania is surprising, the authors say, because the world's largest cryptocurrency by market cap, bitcoin, does not fulfill the role it set out for itself.

Goldman Sachs has claimed that bitcoin is a bubble bigger than the dot - com era and the famous Dutch tulip mania.

Ethereum prices climbed to fresh records on Tuesday, as crypto mania picked up where it left off before the launch of bitcoin futures over the weekend...

Landau wrote an editorial piece for the Financial Times in 2014 titled «Beware the mania for Bitcoin, the tulip of the 21st century.»