Bitcoin bubble floats to inevitable end
Published in News
Wednesday, 21 November 2018 11:52

Bitcoin bubble floats to inevitable end


Lost a quarter of its value in a week

It is starting to look like the Bitcoin bubble has burst and not even the UK is thinking of regulating the currency.

Buffett blasts Bitcoin
Published in Cloud
Tuesday, 08 May 2018 10:15

Buffett blasts Bitcoin

Rat poison "squared"

Billionaire investor Warren Buffett has lashed out at cryptocurrencies and dubbed Bitcoin "rat poison squared".

Bitcoin is like the South Sea Bubble
Published in News
Monday, 27 November 2017 16:13

Bitcoin is like the South Sea Bubble


Snap, crackle and pop goes the weasel

Back in 1720 the English House of Lords passed the South Sea Act and created the South Sea Company. claimed to have a monopoly agreement with South America and led to  shares rising as much as 10 times as speculators lost their marbles and invested in lots of companies with risible prospectuses. The bubble burst and many people that invested as a result of the craziness lost the lot.