Cryptocurrencies: The Next Dot-com Bubble?

Cryptocurrencies are quickly becoming one of the most talked about phenomenons of all time. Opinions vary widely, and it’s hard for even the most technical minded person to fully grasp how they work, let alone why they have value, but there’s no doubt that the concept is captivating, being described as a “brain virus” by some in Silicon Valley. And honestly, a large part of the reason it’s captivated so many is the ridiculous run-up in cryptocurrency prices, not just Bitcoin but also relative newcomers such as Ethereum, Dash, IOTA, and others. It’s a bull market unlike any other, with many cryptocurrencies gaining over 1000% in 2017 and others with even more eye-popping gains.