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Question of the Week -- Are cryptocurrencies a bubble?

Posted  December 13, 2017

By the C|C Whistleblower Lawyer Team

The popular cryptocurrency Bitcoin was worth less than $1,000 a year ago—and now is worth over $16,000 (the exact price changes constantly).  This explosive rise is leading analysts to call its growth a bubble, or even “the bubble to end all bubbles.”  And it’s not just Bitcoin.  A number of cryptocurrencies exist, with varying levels of transparency about valuation, strength, and longevity.

ICOs (initial coin offerings) raise additional concerns.  This increasingly popular method for start-ups to raise capital evades many of the protections offered to those who invest in traditional SEC-regulated markets.  Recent SEC enforcement actions against fraudulent ICOs suggest that there is a real potential that nefarious companies will abuse these new currencies.

What do you think?  Are cryptocurrencies a bubble?

Voting has been closed

Tagged in: Cryptocurrency, Question of the Week,

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