Is bitcoin a legitimate asset or a super-bubble waiting to implode?

in #bitcoin7 years ago

Most widely used digital currency crossed $8,200 mark on friday and is up more than 900 per cent in 2017

As prices for the cryptocurrency skyrocket, investors and pundits are increasingly taking sides.

Whether you’re a backer or a detractor, what’s not in doubt is bitcoin’s dizzying rally this year. The most widely used digital currency crossed the $8,000 mark and is up more than 900 per cent in 2017. It’s managed to whip past the $150 bn total value mark despite governmental crackdowns and mainstream market skepticism.

With the rhetoric for and against heating up this week amid bitcoin’s barreling gains, here’s a look at where some big names in finance stand — from those who see it as the natural evolution of money, to the naysayers waiting for the asset to crash and burn.

Coin Marketplace

STEEM 0.25
TRX 0.19
JST 0.037
BTC 94103.03
ETH 3331.64
USDT 1.00
SBD 3.90