Back before the November election, entrepreneur Mark Cuban often took to Twitter in an attempt to take down then-presidential candidate Donald Trump. While that didn't exactly work out, Cuban's most recent target on social media has certainly had an effect.
On Tuesday, Cuban took aim at cryptocurrency bitcoin, which has, since the start of the year, nearly doubled in value. His Twitter comments also appear to have caused a dip in bitcoin's value of about 5%. By mid-day Wednesday, the volatile cryptocurrency was still down by about 2% from its value prior to Cuban's comments.
So what did Cuban say? For one, he called the currency "a bubble."
I think it's in a bubble. I just don't know when or how much it corrects. When everyone is bragging about how easy they are making $=bubble https://t.co/hTrV5DeWNd— Mark Cuban (@mcuban) June 6, 2017