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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (549)12/12/2017 12:28:24 AM
From: elmatador  Read Replies (1) | Respond to of 13798
 
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