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Topic
Board Beginners & Help
Re: The Bitcoin Bubble. Detailed explanation with charts.
by
kylelgk
on 05/04/2013, 20:09:11 UTC
Reading the chart, I see Bitcoin in the "Stealth Phase".

are you blind? we're in the mania phase.

yeah i'd agree. specifically i think we're in 'enthusiasm'. potentially a bit of greed as well

Agree, enthusiasm has quickly turned into greed among the new comers, and while I don't believe bitcoin itself is JUST a bubble, I think we are entering one with this new wave of people trying to get rich (rather than intending to get into bitcoin more long term)