Should you buy bitcoin?
Financial News-Feb 8, 2018
In December, as the bitcoin price neared $20,000, a friend asked me whether she should invest. I said that I hadn’t the faintest idea. Today, with the price below half that, my reply remains the same. Over the next year, the bitcoin price could double, soar tenfold, or collapse by 95% or more, and no economic analysis can …
Story image for “buy bitcoin” from Benzinga
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People Are Going Into Debt to Buy Bitcoin
Fortune-Feb 7, 2018
Nearly 20 percent of people who own cryptocurrencies such as Bitcoin went into debt to buy it, or bought it on margin. That’s the finding of a survey of more than 3,000 people conducted in mid-January by CoinDesk, a New York-based provider of price data, information and news about digital tokens. The rising use of debt is …
About 20 percent of cryptocurrency owners bought with credit [Source]