Crypto Currency Balloon
I have been watching this Crypto currencies just going through the roof (bitcoin in particular).
Then I see advertisements telling me that I need to move into investing my retirement into Bitcoin and other currencies.
Has no one ever heard of self adjustments ? Happens in the real world every so often.
How much bigger is this balloon going to get before it rights it's self ?
We have had the housing, .com and other balloons that cost people major money out of their retirements.
We are still taking about a fiat money, there is NOTHING backing crypto currencies.
So.. when is this balloon going to pop ?