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Stock impact report

Is Bitcoin Destined to Be a Gigantic Failure? [The Motley Fool]

Berkshire Hathaway Inc. New (BRK.B) 
Last berkshire hathaway inc. new earnings: 11/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: berkshirehathaway.com
Company Research Source: The Motley Fool
The thesis that bitcoin is in a bubble has a growing amount of data to back it up. Despite its recent correction, the cryptocurrency market has been nothing short of impressive for investors who've had the wherewithal, and guts, to invest. Last year alone, the combined value of all cryptocurrencies jumped from $17.7 billion to $613 billion, representing a gain of 3,300%. Even following the recent swoon, virtual currency market caps are up well over 2,000% since the beginning of 2017. Comparatively, the gains in the stock market look like a flat line. Since coming into being nearly a decade ago, bitcoin has led the charge for cryptocurrencies. It's currently the world's most valuable digital currency by market cap, and the one most likely to be accepted by merchants worldwide. Image source: Getty Images. It also happens to be responsible for bringing blockchain technology into the spotlight. For those unfamiliar with blockchain, it's the digital, distributed, and de Show less Read more
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