"This time is different!"
No, it's not. Gavin once predicted there would be 5 bubbles. This is bubble #3 of 5.
Each bubble will go up slower and pop less dramatically than the last, until at bubble #6 it will be just regular fluctuation, and Bitcoin will be a mainstream currency. This isn't bubble #6 yet. Patience.
Next week will commence the long, slow slide characteristic of any overinflated Bitcoin bubble.
No, it's not. Gavin once predicted there would be 5 bubbles. This is bubble #3 of 5.
Each bubble will go up slower and pop less dramatically than the last, until at bubble #6 it will be just regular fluctuation, and Bitcoin will be a mainstream currency. This isn't bubble #6 yet. Patience.
Next week will commence the long, slow slide characteristic of any overinflated Bitcoin bubble.
Interesting.
