Bitcoin Price Bubble Pops as Investors Develop Immunity to ‘Infection’, Barclays Claims

in #bitcoin8 years ago

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The Bitcoin price bubble is popping, and Barclays says that this time it will not see a future recovery.

Writing in a Tuesday note to clients, a group of Barclays analysts led by Joseph Abate argued that Bitcoin and other so-called asset bubbles chart a similar course to the spread of infectious diseases, which plateaus once the population reaches the immunity threshold.