23-01-2018 01:45 via newsbtc.com

Goldman Sachs Warns High-Profile Clients of Crypto Bubble

In a lengthy document to their highest profile clients, the Goldman Sachs Private Wealth Management division has warned about the danger of investing in cryptocurrency. For the banking giant, the rise in Bitcoin and other digital currencies during 2017 is a sure signal that the entire space is in an economic bubble.
Typically for crypto naysayers, during the 108 page document the authors mention the Dutch “Tulipmania” of the seventh century, as well as the “dot-com” bubbl
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