Tulip Mania, #Bitcoin and the Madness of Crowds: Is It Déjà vu All Over Again?

Please hold, tlp WASHINGTON, November 29, 2017 – If you’ve been investing in stocks lately, the general action of the market from mid-November on has generally been unadulterated good news. Quadruple that for “investors” in virtual currencies like Bitcoin, a chimera that seems to appreciate $1,000 per day, per Bitcoin. Unfortunately, it appears that “Tulip Mania”…