Blockchain Capital Head Of Research Spencer Bogart Explains Why Bitcoin Might Not Be A Bubble

Head of research at Blockchain Capital, Spencer Bogart, discusses Bitcoin futures and the future of bitcoin investments with the Bloomberg Finance network.

The key difference between bitcoin and traditional investment assets, he says, lies in the fact that bitcoin investors are generally long term investors who have weathered many storms. He proposes that if these investors “didn’t sell when bitcoin hit $10,000, why would they sell at $20,000?”

Bogart believes that if no large amount of supply is created at one time, there likely will not be a bubble.

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