MARK CUBAN: Bitcoin is a 'bubble'

Add billionaire Mark Cuban to those who are sceptical of bitcoin and the cryptocurrency universe. “I think it’s in a bubble. I just don’t know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble,” Cuban said in a tweetstorm on Tuesday. 

Cuban’s tweetstorm comes on the heels of bitcoin’s latest record high near $US2,900 a coin. The cryptocurrency has gained in 33 of the past 38 sessions, tacking on 144% over that time. It’s up 200% so far in 2017. 

Here’s Cuban’s full tweetstorm…

 

 

Get the latest Bitcoin price here.

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