The Insane Parabolic Rise Of Bitcoin

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Monday, April 1, 2013 The Insane Parabolic Rise Of Bitcoin The parabolic rise of Bitcoin has caught a lot of people off guard this year and is generating a ton of investor interest. Nick Colas at ConvergEx Group, the only Wall Street strategist we've know of so far who has written about the Bitcoin market, says all of his clients think the virtual currency is in a bubble. When one looks at a chart, going all the way back to 2010, it's easy to see why the word "bubble" is being tossed around among investors. Whether it continues to go up is anyone's guess, but Colas thinks there are five broad themes converging to create a "perfect storm" behind the current rise of Bitcoin. Click here to read his take > Read » Also On SAI Today: Why Google Does April Fool's Day Pranks Even Though Everyone Hates Them Why Did Andy Rubin Get Demoted? Here's The Most Surprising Gossip We've Heard Advertisement CHART OF THE DAY: How App Makers Make Money CHART OF THE DAY: The Difference Between What You Share And What People Want To Read CHART OF THE DAY: How People Use Facebook On Smartphones Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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