What amazes me is the bullish sentiment that is almost blind and religious. The people really believe that the price will not fall and will go to astronomical levels.
It kind of fascinates me that these bulls can not see the truth that the price is totally not sustainable so I stick around while the price falls.
Ed, you're the worst of the bears. Do you know why? Like so many of them, you're right for the wrong reasons. All this bubble talk is nonsense. How many times do I have to tell you, there is no such thing as a bubble? Bubble implies a nominal value for something (no bubble -> bubble -> bubble pops, back to no bubble). This is a rapid change in speculated value because a gov't basically made Bitcoin procurement a huge pain in the ass for a big chunk of the world population. Fuck your charts, hunches and all that nonsense. By your reasoning, anything with a value that can be affected by gov't action is a bubble. I'm neither a bull nor a bear, just a person analyzing Bitcoin in a levelheaded fashion without resorting to smear words like "bubble", "astronomical", etc.