SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (549)12/12/2017 12:28:24 AM
From: elmatador  Read Replies (1) of 13801
 
God must be laughing: People are taking out mortgages to buy bitcoin, says securities regulator

Bitcoin is in the "mania" phase, with some people even borrowing money to get in on the action, regulator Joseph Borg said."We've seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines," he said.Bitcoin has been soaring all year, starting out at $1,000 and rocketing above $19,000 on the Coinbase exchange last week.

https://www.cnbc.com/amp/2017/12/11/people-are-taking-out-mortgages-to-buy-bitcoin-says-joseph-borg.html
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext