Bitcoin surges to record high 4,500 but is the bubble about to burst?

Get the Full StoryBitcoin today reached an all-time high, surging past 4,500 for the first time. The cryptocurrency has more than quadrupled in value since December, and experts are beginning to get nervous. Peter Schiff, a longtime opponent to the idea that cryptocurrency has any long-term potential, decries this moment as further evidence that Bitcoin is a bubble about to burst. If you believe him, it s time to get out, and sooner is better than later. Schiff spoke to CoinDesk and dismissed the promise of Bitcoin as hyperbole: There s certainly a lot of bullishness about Bitcoin and cryptocurrency, and that s the case with… This story continues at The Next WebOr just read more coverage about: Bitcoin

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