What Is A Bubble? And Is Bitcoin In One Now At Over $1,000? (The Cryptoverse #177)
On Today's Episode Of The Cryptoverse:
There have been four noteworthy bubbles in bitcoin’s life when the price exploded after rising slowly. Being speculative in nature, the bubble may soon burst, sending the price crashing down before settling at a range above the pre-bubble level.
But what is a bubble? And how do we know if we are in one?
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This post has been ranked within the top 80 most undervalued posts in the second half of Jan 02. We estimate that this post is undervalued by $5.37 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Jan 02 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
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A great analysis of the quality of bubbles.
You're very kind. I like to share for two reasons. 1) To educate and 2) to double check my own understanding is not way off base :)