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.
Date: Oct 24, 2017
Questions for discussion:
- What is a bubble, according to the report?
- How would you characterize Bitcoin’s valuation?