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Bitcoin is not a bubble but other cryptocurrencies are 'cannibalizing themselves,' fintech exec says – CNBC

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CNBCBitcoin is not a bubble but other cryptocurrencies are 'cannibalizing themselves,' fintech exec saysCNBCIn price terms, bitcoin and altcoins (alternative cryptocurrencies) are in a bubble. In value terms, bitcoin is not." Davies said that, while the price of bitcoin was based on speculative trade, its value was a different story. "If you bet against …



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