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.
That is what I am afraid of. The expansion is abnormally fast and there is too much people going in and buy because they are scared that they might miss the ride "to the moon". It is the typical behavior in the formation of bubbles in the market. I am not saying I do not like it. I do, I am making money same as everyone. But we should not get out of control.
to the OP
bitcoin infrastructure: meaning merchant adoption, business growth, user adoption is not a bubble
but if your only talking about the "market cap", then that is a bubble
the market cap is a empty wall with no substance holding it up.
For once I agree with you 100%. I said the same thing in another thread and I got negative feedback.