We have had a week where the explosive rise in the bitcoin price slowed down. Many people are worried that bitcoin may be in a bubble because of the almost exponential rise in the price over the last few years. Having said that it seems that the bitcoin price rocket is gearing up to take off again.
As it does so it will drag many alternative coins up in its wake. So is this the new age stock market? How soon will it be before crypto trading goes mainstream and the prices of cryptocurrencies are put on a streamer over the evening news? How high will bitcoin have to go before that happens?
The inevitable fall in the stock market may most likely happen this summer during the slow down. Good luck my friends in securing the value of your purchasing power.