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Bubbles, busts, investor psychology ... and bitcoin

While crypto currencies and blockchain technology may have a lot to offer, bitcoin's price is very bubbly.

THE surge in bitcoin has attracted much interest. Over the last five years, it has soared from US$12 to over US$8,000; this year it's up 760 per cent. Its enthusiasts see it as the currency of the future and increasingly as a way to instant riches with rapid price gains only reinforcing this...