Is Bitcoin a Bubble?

Jeff Kagan: For any asset, you should have fear and certainty and doubt. You should be highly critical of any asset because there are a lot of bubbles out there. He says Bitcoin goes through these kind of four year supply cycles where every four years, the number of new bitcoins gets cut in half. And so what we generally see is that, you know, we see a big run up in price and it has a blow off top. It crashes and you get this kind of consolidation before finding an equilibrium between buyers and sellers.

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