Cryptocurrency Bubble or new Paradigm?  When $100 billion in market cap evaporates overnight and the rise of new currencies. | WHAT REALLY HAPPENED


Cryptocurrency Bubble or new Paradigm?  When $100 billion in market cap evaporates overnight and the rise of new currencies.

The market cap of crypto currencies hit over $830 billion and seemed to be on pace to reaching $1 trillion. This week South Korea openly discussed closing down exchanges since it felt there was excessive speculation in the crypto currency markets. It is hard to argue with that when you look at the rise of certain digital coins rising 1,000% to 4,000% (or more) in a relatively short period. Are people looking for a get rich quick scheme or is this something different? Is there a bubble in the crypto currency markets or is this some sort of new financial paradigm?

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