The Bitcoin futures market is now open and the bitcoin mania continues by hitting an all-time high over $17,000 per BTC! Is this the next tulip bubble from Holland in the 1600’s?

Justin Mohr Show

English - December 11, 2017 00:22 - 26 minutes - 24.4 MB - ★★★★★ - 112 ratings
News Government austrian fed austrianeconomics basiceconomics dollar economics economics101 economy Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: The fall of Matt Lauer and the rise of Bitcoin! Also, the FED is thinking about making its own cryptocurrency!?

Next Episode: Yellen raises interest rates for 5th and final time as FED chair. Powell will start term as Yellen 2.0 and then morph into Bernanke 2.0.

The Bitcoin futures market is now open! What does this mean for Bitcoin now that people have the ability to short it? If you look at a chart of Bitcoin it literally goes straight up! How long will this bitcoin bull market continue? In a two week period, Bitcoin went from $8,000 per coin to $16,000! There’s definitely a lot of similarities between Bitcoin and the tulip bulb mania from the 1600s. People literally were trading their houses for a single tulip bulb! What, you say this time is different? From what I have seen from history, this time is never different.