I don't know for sure if it's a bubble. If you compare it with stocks and house prices it's significantly larger and, especially with derivatives. My opinion is that Cryptocurrency will play a big roll in the upcoming crash in stocks maybe it will happen in 2018, 2019 or even 2020. The only thing I know for sure crypto and blockchain is here to stay and will not leave us soon.
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It would be nice if bitcoin sort of became inversely correlated to stocks. When they go down, it goes up. Though, that hasn't really been the case the last few years.