down aboutpical 6%. a mixed picture coming through across asian markets here.n on wednesday. ♪ emily: this is "bloomberg technology." i'm emily chang. just a week after topping $8,000, bitcoin is approaching five figures, gaining mainstream market attention as it defies bubble warning. one of the points biggest bulls on wall street spoke at a new york conference earlier. he urged caution. >> i think this will become the biggest bubble of our lifetimes by a longshot. >> i want to record to show i didn't say that. [laughter] >> mostly because it is so global. emily: they are starting a $500 million fund to invest in cryptocurrencies and says bitcoin could easily match the gold market cap. adam white is vice president of coin base, he joins us from new york. it is an online platform that allows you to buy or sell bitcoin by connecting with their bank accounts. bitcoin has almost tripled its user base this past year, now standing at 13 million. biggest bubble of our lifetime, do you agree? adam: i don't know if i would agree. i think the price is an easy metric for