Why the Crypto Market Is Not a Bubble #Podcast

With the rapid rise in value of the crypto market to more US$500 billion as of December 2017, many are calling cryptocurrencies a bubble simply by looking at the chart that shows prices rising substantially. However, it is important to understand that a bubble cannot be determined with reference to a steep rise in price. Rather, there is a bubble if the price is greater than the intrinsic value of the asset, and cryptos, I will argue, do have very high potential intrinsic value.

One thought on “Why the Crypto Market Is Not a Bubble #Podcast”

  1. I can’t see it’s intrinsic value. Maybe in this utility: non correlation to any asset class + high standard deviation allowing a 1- 2% allocation to one’s portfolio should lower overall portfolio risk.

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