Post
Topic
Board Economics
Re: Why does everyone keep calling this panic a bubble?
by
Bitmeat
on 15/04/2013, 23:06:16 UTC
if you dont believe a bubble followed by a correction occurred, you are delusional. The price was inflated by people buying just because the price was increasing. This is what a bubble is. Then it corrected. It was not just because a DDoS or exchange failure, the price was far too high

If you believe the bubble is over and the correction is finished, you're slightly less delusional!