Have a look at the full 3 year logarithmic scale of Bitcoin's rise. The "bubble" you are speaking about can be seen in context at the top left of step 4 below:
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2Fb8BpN3g.jpg&t=663&c=s4K4C42Cn9hVRQ)
Will step #5 make it over $3000?
Let's get started soon.
any time i ever have doubt about bitcoin i just look at that graph and it ALWAYS reminds me that any current down trend is only temporary.. i bought my first bits of a btc when it was like 900 and more at 7 6 5 an some more at 4.5... for ages i thought i had made a bad move.. and still do sometimes but i always remind myself of that graph and think that any purchase iv made was in fact a good move regardless of price because in a years time.. 900 will be cheap! i still havnt sold a single coin! bar 30 euro worth a week ago as i was stuck lol think i have in the region of 6-8 btc now.. lost allot in terms of fiat but i knows its going back up again so i dont mind!
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