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Here’s Why Bitcoin Speculators Are Just Laughing At Anyone Who Calls It A Bubble

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Henry Blodget
Business Insider
April 10, 2013

As Bitcoin prices charge ever higher, the same people who were dismissing Bitcoin as a “bubble” at $35 six weeks ago are now huffing about it being even more of a “bubble” at $235.

And maybe they’re right.

Maybe, someday, Bitcoin prices will collapse 99.9%, impoverishing everyone who owns them.

But in the meantime …

Those who are trading Bitcoins — and, more importantly, owning Bitcoins — are making money hand over fist.

And here’s what the latter folks understand that the those who are huffing about “Bitcoin bubbles” don’t:

The most you can lose if Bitcoins go to zero is 100% of your money.

  • A d v e r t i s e m e n t

The most you can make, meanwhile …

Full article here

This article was posted: Wednesday, April 10, 2013 at 4:40 am

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