The more people say and think this is a bubble, the less likely it is one. The teltale sign of a bubble is people not seeing it until afterward. :D
You are probably onto something here.
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The more people say and think this is a bubble, the less likely it is one. The teltale sign of a bubble is people not seeing it until afterward. :D
You are probably onto something here.
Bingo. They will call it a bubble all the way up, then they will change their tune and hop on... saying this really is revolutionary technology. At that point we are getting close to toppling over.
Pretty much, once people stop thinking it's a bubble, then a bubble might really form. I think these are exciting times. Should be a fun few years.
That is what I am thinking as well. I can't wait for the first big dip in Bitcoin. I need to pick up a couple long term holds but I want them for cheaper than this price.