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Category: Bitcoin

When Does a Bubble Become a Bubble?

  • Bitcoin
  • Charlie Bilello

In July 2010, Bitcoin was trading at 5 cents. By February 2011 it was trading at $1.10. That’s a 2,100% return in 7 months. This is what the chart looked like at the time… What’s the first word that comes to mind? Bubble. Indeed, and over the next two months that bubble would burst, as […]

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How Much Bitcoin Are You Willing to Lose?

Question: What do you call an asset that appreciates 5,555,456% in a little over 7 years? Answer: Bitcoin. In 2010, when Bitcoin was trading at $.09 that word meant nothing to most investors. Earlier this month when it crossed above $5,000, it was all investors wanted to talk about. What changed? The price. It went […]

  • Posted in Bitcoin, Investing
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