True. I recently found a blog of when bitcoin was at 100$,I think it will go to10k and 100k soon , definitely not a bubble.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
Megaupload2.0 and Bitcache's launch will be this august, price will increase exponentially and bitcoin will consolidate as the best currency.
With $9 to $29 fees for a single transaction?
WTF! Delusion in the face of a messed up reality is one very clear sign of a late stage bubble.
Cheers to all of the free minded people who used to LOVE Bitcoin:
Stop calling the recent expansion of the cryptosphere a bubble. We are not in a bubble. We are simply experiencing the rapid expansion of a nascent technology with new entrants and their fiat entering the market. A bubble is when everyone is talking about cryptos, e.g. your taxi driver, the bellboy, etc. Outside of my close circle of tech colleagues zero people are talking about Bitcoin.
Minecache, Your post does contain some real wisdom, IMO, but BTC has thousands of merchants who suddenly cannot accept it (due to huge fees), so let's talk about reality please?