Bitcoin And A Dead Parrot

Bitcoin And A Dead Parrot
AP Photo/Rick Bowmer, file

No one can tell when the peak will be reached any more than they could with tulips or dotcom stocks. Even Sir Isaac Newton was caught out by the South Sea Bubble. People always believe that the latest revolutionary thing is unprecedented and unstoppable. But such rapid price gains always end unhappily. To quote Monty Python again Tell that to the young folk these days and they won't believe you.

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