Money

Bitcoin's rise and fall

13:17 pm on 11 December 2017

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Over the last few weeks many people have been lamenting not having invested in bitcoin, with the cryptocurrency surging in value. 

It's now even moving into New Zealand's property market, for the first time a section in Marlborough can be brought with Bitcoin. 

But the currency dropped dramatically over the weekend ahead of its futures launch, so are we seeing a bubble? 

Jeremy Sullivan, Investment Adviser at Hamilton Hindin Greene, explains what's happening. 

Photo: Pixabay