You would have to be living under a Pile of Stones to not have noticed that Bitcoin and other ‘CryptoCurrencies’ are attracting huge excitement and frenetic activity in recent Weeks/Months - to my mind this is a classic Bubble and it is only a matter of time before we hear the ‘Pop‘. One of the best and simplest pieces of evidence came about from my mate @Conkers3 on the Tweets who was up at a London Underground Station the other day and some geezer shoved a paper Flier into his mitt saying “Buy Bitcoins from us and be a gazillionaire !!” or similar wording to suck in the gullible punters.
And since writing the above paragraph I have heard from a mate who got scammed when buying some Bitcoins (the real Money was handed over and the Bitcoins that appeared to be in their ownership did not exist); and just last week a mate who doesn’t do much on Stocks or anything was asking me what I thought of Bitcoin. It is classic Bubble stuff.