If the bitcoin bubble bursts, this is what will happen next
Investors don’t seem to care about the
red flags. Bitcoin’s price has soared from January 2017’s $800 to today’s $17,000, with plenty of ups and downs on the way. The debut of bitcoin futures on two major exchanges – initially expected to bring down Bitcoin’s price by allowing investors to short it, i.e. bet against it – has ended up giving the cryptocurrency more legitimacy among retail investors, further boosting its price.
http://www.wired.co.uk/article/what-happens-when-the-bitcoin-bubble-pops
http://www.wired.co.uk/article/what-happens-when-the-bitcoin-bubble-pops