Description: There is no official measurement of a market bubble, but one could be the speed and force of the rise, a technique borrowed from the physical realm. Dot-com stocks rose 680 percent from the beginning of 1996 to the end of March 2000. Bitcoin has risen nearly 825 percent in the past year alone, to about $5,700.

Source: Bloomberg.com

Date: Oct 24, 2017

Link: https://www.bloomberg.com/gadfly/articles/2017-10-24/bitcoin-hits-100-billion-four-times-faster-than-apple-gadfly

Questions for discussion:

• What is a bubble, according to the report?
• How would you characterize Bitcoin’s valuation?