Will the Bitcoin Bubble Burst? If So When? There May be a Tool to Help
Many people that own Bitcoins ask themselves "How much more can it grow?" With Bitcoins projected to be worth over $11,000 at present this seems like a reasonable question and was worth 30 cents in 2010.
Bitcoins are a form of crypto-currency that are given value much like paper money, people say it has value. If any of this worries you and you own bitcoins or are looking into purchasing a bitcoin, which is doubtful due to there extreme price for one, there is now an A.I. that was presented at the Disrupt Berlin Hackathon that is made to predict the burst of the bitcoin bubble. It is called Bitcoin Bubble Burst. It takes the form of a regular subscription newsletter that collates the information it’s found. If a certain threshold of warning signs is reached, its creators claim it will also allow you to know first — so you can cash in your savings before there’s a run on the virtual bank.
This software could save some people from losing large investments if it works and could be a very useful tool in projecting the value of the seemingly unstoppable crypto-currency.
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