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RE: Is Bitcoin A (Tulip) Bubble? History's Most Exaggerated Non-Bubble (Even Tulip's Weren't Tulips)
By technical point of view, limited supply of 21 million in bitcoin, exponential growth seems reasonable. But trading it as if it's in a bubble makes you to be more wary of your capital. I truly believe in the technology of bitcoin and blockchain, but throught out history every new groundbreaking tech will always underwent bubble of some sort to achieve massive adoption. So it's always wise to trade with moderation and not greed. And suprisingly I posted about the same topic too ahaha.
Great points! I'm not sure if BTC would surprise me more at $1000 or $100,000. It's anyone's guess at this point.
Take-off? Media-attention? New Paradigm?
I think we are at Greed stage, Arrival of CME and CBOE to the scene takes us from 300 billion market cap to the now almost 600 million cap in almost a month! Delusional stage will soon set in, dot com bubble burst at 9.6 trillion. We are now approaching 1 trillion.. Becareful guys. Everyone hope bitcoin will only go higher, but no what goes up must come down. So only invest the money you're willing to lose. Save some money aside to buy when the bubble burst. You might be the crypto Warren Buffet.
Ripple would appear to be clearly confirming your observations:
2 Ripple $82,453,945,458 $2.13 $6,622,780,000 38,739,144,847 XRP *