My back hairs go up when I see an unregulated financial vehicle that few really understand. When it comes to cryptocurrencies, I have a lot of concerns.
How do you know if Bitcoin or similar currency is in a bubble? Since thousands are entering the market every day and Bitcoin is being “mined” around the world, it’s hard to tell. There have been massive sell-offs and there’s more irrational exuberance than knowledge ruling that market.