There is the possibility that this 'bubble' is merely a 'level up' process.
That is IMHO better than 50-50 true... possible even more-likely-than-not given how LONG it's been since Honey Badger made one more of its "regular" 10X level-up moves. That's been IMHO artificially constrained by the blocksize conundrum and just as water finds it's own level one way or another the markets are finding this "level" via altcoins now (maybe. or maybe it's just all bullshit LOL)
The pop could be less drastic than what we tend to expect in crypto. Except for the absolute shitcoins, which will fade away, of course.
Yup, although I'm still of the strong opinion that the "PROFITS" being accumulated now by who-knows-who altcoin Whales ( Dash premine scammers? ) will eventually find their way to MONERO as the only really certain method they'll have to keep their ill gotten gains PRIVATE and tax-free...
We will see, one way or the other.
Meantime nothing really to do but make more popcorn and try to enjoy the show...
As we bumped over C$60, I managed to knock my tall coffee cup over into a pile of important papers on my desk. Yay. Note to self: curtail excessive hand movement at desk. Not sure if its a good thing or not that no coffee made it to the floor
yes, I also believe that a portion of that hot money will end up in Monero. Exciting times!