One of these is an "asset" that produces no profit based on an underlying architecture with low barriers to entry, the other is a virtual currency… and remember: Bitcoin has no intrinsic value, doesn't trade at 1000x 2013 (or 340x 2014) EBITDA, and is nowehere near 40x it next year's revenues. It is, after all, simply a non-fiat currency. Which is why it is a bubble, and why, according to experts, Twitter is a screaming buy.
Spot The Bubble…
What a difference a little propaganda makes?
via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/YfBNr_xALGo/story01.htm Tyler Durden