{"id":4644,"date":"2018-04-10T11:36:45","date_gmt":"2018-04-10T15:36:45","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=7cc63ccc3bce2b513f5d89bba790fe02"},"modified":"2018-04-10T11:36:45","modified_gmt":"2018-04-10T15:36:45","slug":"bitcoin-is-the-greatest-bubble-in-history-bigger-than-tulips-the-south-sea-company-and-gold-and-now-its-popping","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/10\/bitcoin-is-the-greatest-bubble-in-history-bigger-than-tulips-the-south-sea-company-and-gold-and-now-its-popping\/","title":{"rendered":"Bitcoin is the greatest bubble in history, bigger than tulips, the South Sea Company and gold \u2014 and now it\u2019s popping"},"content":{"rendered":"<p>The greatest bubble in history is popping, according to Bank of America Corp.<\/p>\n<p>The cryptocurrency is tracking the downfalls of the other massive asset-price bubbles in history less than one year out from its record, analysts lead by Chief Investment Strategist Michael Hartnett wrote in a note Sunday.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" data-attachment-id=\"1572864\" data-permalink=\"http:\/\/business.financialpost.com\/technology\/blockchain\/bitcoin-seen-popping-like-the-greatest-bubbles-by-bofa\/attachment\/bitcoin-49\/\" data-orig-file=\"http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg\" data-orig-size=\"1000,683\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"bitcoin\" data-image-description=\"\" data-medium-file=\"http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=300\" data-large-file=\"http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=640\" class=\"alignright size-large wp-image-1572864\" src=\"http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=640&#038;h=437\" alt=\"\" width=\"640\" height=\"437\" srcset=\"http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=640&amp;h=437 640w, http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=150&amp;h=102 150w, http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=300&amp;h=205 300w, http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg?w=768&amp;h=525 768w, http:\/\/wpmedia.business.financialpost.com\/2018\/04\/bitcoin.jpg 1000w\" sizes=\"(max-width: 640px) 100vw, 640px\"><\/p>\n<p>The cryptocurrency has fallen more than 65 per cent since peaking in December at $19,511. Bitcoin rose 2.2 per cent to $6,750 on Monday.<\/p>\n<ul class=\"related_links\">\n<li><a href=\"http:\/\/business.financialpost.com\/technology\/blockchain\/canadian-online-bartering-community-bunz-launches-digital-currency\">Bartering community Bunz launches digital currency in move some say goes against its original purpose<\/a><\/li>\n<li><a href=\"http:\/\/business.financialpost.com\/pmn\/business-pmn\/osc-gathering-info-on-cryptocurrency-trading-platforms-after-complaints\">OSC gathering info on cryptocurrency trading platforms after complaints<\/a><\/li>\n<li><a href=\"http:\/\/business.financialpost.com\/commodities\/mining\/goldcorp-dips-a-pinky-toe-in-blockchain-waters\">Goldcorp dips a pinky toe in blockchain waters<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bloomberg.com\/\"  rel=\"noopener\">Bloomberg.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank of America tracks the downfalls of the other massive asset-price bubbles in history less than one year out from its record<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4644"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=4644"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4644\/revisions"}],"predecessor-version":[{"id":4645,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/4644\/revisions\/4645"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=4644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=4644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=4644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}