Altcoin News: Ren NeuNer: I’ve Never Seen a Bubble Pop Twice!

April 9, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

Throughout the existence of Bitcoin, it was repeatedly called a bubble. This was also the case in the period of super-fast growth in 2017 when many economists claimed that the bubble would burst soon.

However, according to Ran NeuNer, the host of the Crypto Trader program on CNBC, not a single bubble burst twice.

Last year, many news agencies wrote that the fall of Bitcoin by more than 80% is a clear sign of a bubble ready to burst. At the same time, Bloomberg analysts admitted that Bitcoin is not like other bubbles. The rapid growth and decline were caused by the irrational behavior of new, ill-informed investors.

And now, when the situation began to change and Bitcoin again began to climb confidently, Neuer said on his Twitter page:

“I will no longer take seriously the publications in which Bitcoin is called a bubble. Even if it was a bubble, I had not yet seen a single bubble that would burst twice,” he added.

NeuNer also hopes that now that cryptocurrencies have proven their worth, talk of their collapse will be a thing of the past:

“I would imagine two things by now; 1. Talk of Cryptocurrency collapse is a thing of the past. Not only is it here to stay but everyone knows this by now! 2. CNBC would be smarter in their selection of guests and articles.”

Author: Marko Vidrih