Hedge fund billionaire says Bitcoin has 'elements of the tulip bulb mania'

6 points by champagnepapi ↗ HN

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(comment deleted)
Bitcoin is Tcp/ip happening all over again but even a solid technology can experience economic bubbles, I think if bitcoin succeeds it will cannibalize part of the gold market and will go to the moon , but I can see a correction in the near term because its going up to fast and too soon. Sorry for my english ESL here peace
For live forecasts of the "tulip mania" checkout https://bitbank.nz

full disclosure those where exaggerated sarcastic air quotes...