I was looking at bubble patterns and bitcoin has followed the pattern uncannily - right now I'd say it's at the 'return to "normal"' phase
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I was looking at bubble patterns and bitcoin has followed the pattern uncannily - right now I'd say it's at the 'return to "normal"' phase
Eh, I'd say we're at the "media attention" phase.
It's still getting a lot of media attention but it's spiked and the price is only going down from now on. The "mania phase" was when it went from $2000 to $20000 in a couple of weeks.