Bitcoin looks like it's heading towards a major crash. If it happens, crypto-millionaires will be hit hardest while governments move to regulate the cryptocurrencybitcoin’s vertiginous price surge a “bubble” is just another bizarre episode in the cryptocurrency’s odd saga. Generally, bubbles are not called as they happen. Like financial Rumpelstiltskins, the moment you dare speak their name, they either have already burst or are very close to doing so.