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  • Writer's pictureMark Chatham

Bitcoin poised for bubble - up or down?

$4,000,000,000 (billion) in bitcoin options are set to expire on Friday, January 29th. The options contracts allow investors to buy or sell in the preceding time period. So... will they - buy or sell? Look for a big fluctuation in the price of Bitcoin.

Bitcoins are "mined," or created by computers calculating the algorithms that make up the crypto currency. There is a fixed limit on how many bitcoins can exist. When that limit is reached - what will happen then. Remember, the main rule of investing is BUY LOW - SELL HIGH. Read more about the Bitcoin bubble here.

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