Markets open SAT · JUL 11, 2026 · 00:00 ET NY · LON · TKY
Help
EN · USD
Menu
Crypto

Eternal question, is Bitcoin a speculative bubble?

Eternal question, is Bitcoin a speculative bubble?
SP
SPY STOCK
SPY
LIVE
Today's move is the key live setup for SPY in this article. Track the chart before deciding what to do next.
Track SPY in real time
Open an account
Market data delayed. Not investment advice. CFDs involve risk of capital loss.

The course of Bitcoin continues to provoke interrogation in specialized circles.

In the midst of a world economy that is doing pretty well, with sharp increases over the past year, will Bitcoin be the one that will shatter all this?

Will it contribute to the health of the economy or is it a risk?

In fact, opinions are very controversial. There are the unconditional ones and there are the others. Those who think that this incredible story can only end badly.

Deutsche Bank thinks Bitcoin will collapse

Take the case of Deutsche Bank Chief Economist Torsten Slok. For him Bitcoin represents a major risk for the global economy for the next year. And he is even considering the worst, a crash for cryptocurrency.

This is what he said:

"It's mainly because of this (the volatility of Bitcoin prices) that I think the financial markets have so far considered it a small problem, we worry a bit that it could become more systemic, especially if current trends continue in 2018."

Yet others argue that Bitcoin is far from the only risk to the global economy.

There is Brexit, US inflation, the potential housing bubble in the Nordic countries, North Korea's nuclear tests and more...

As a result some believe that Bitcoin represents The solution to all the risks inherent in global policies and events.

Bitcoin is precisely the safe haven that will not suffer all these hazards.

"Bitcoin is not the bubble is the pin"

For example, Jeff Sprecher, president of the New York Stock Exchange (NYSE) regrets to have left their competitors, CBOE and CME, ahead of them in the launch of Bitcoin futures.

What will be the reaction to the opening of these exchanges to the cryptocurrency?

Whatever the reaction of the markets, one thing is certain, virtual currencies have indeed entered the traditional financial sector. And this decentralized system that these currencies represent is a much more egalitarian system.

This is what Mike Costache, one of Hdac's advisers, says when he says humorously:

"Bitcoin is the antitrust money that is this antidote to [the economic crisis] .The US dollar after several rounds of Quantitative Easing (the exact equivalent of a company buying its own bonds, which is self-managed and more or less illegal ) is a bubble, which is why I say "Bitcoin is not the bubble, it's the pin."

AI
Market signal
SPY (SPY)
Trade SPY with live price context
Open on eToro ↗
★ Editorial picks

Where to trade this market

Brokers compared on regulation, platforms, and account access.

AvaTrade Multi-asset CFD broker
4.5
CBIASICCySEC
Min. deposit $100
Spread From 0.9 pips
Platform MT4 / MT5
Open account
Plus500 CFD trading platform
4.3
FCACySECASIC
Min. deposit Varies
Spread Variable
Platform WebTrader / App
Open account 80% of retail CFD accounts lose money. Other fees apply.

Trading CFDs, crypto and forex involves significant risk of loss. Broker availability, spreads and minimum deposits vary by country. This is not investment advice.

Verified brokers · Updated today

Start trading in minutes

Capital at risk. Compare regulated brokers before investing. Advertiser disclosure

Disclaimer. This content is for informational and educational purposes only. It does not constitute financial advice, a recommendation, or an offer to buy or sell any security or digital asset. Past performance does not guarantee future results. Cryptocurrency investments are subject to high market risk and volatility.