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…
Anyone anywhere can buy a stock. #crypto is like gold. More religion than asset. Except of course gold makes nice jewellery. #crypto notsomuch https://t.co/xp334BCRa2
— Mark Cuban (@mcuban) June 6, 2017
Get the latest Bitcoin price here.