I have been watching Bitcoin’s price advance with trepidation. In just six months its value has quintupled and it has risen more than tenfold since last December. It started 2017 at just below $1,000 and by the end of November it hit $11,000, proceeding to surpass $16,000 a few days later. This, to me, is reminiscent of […]
As Keynes used to say the markets can stay irrational longer than one can remain solvent.
Institutional investors should anticipate next year to be one of increasing volatility.
The stunning rise of a cryptocurrency.