but by merely just looking at it, you could tell that it is indeed a bubble and graphs will tell you that. The big question is until when would this bubble continue to grow until it is popped?
It's not Bitcoin that's in a bubble, it's cryptocurrency that's in a bubble. How many ICOs have occurred in the last year? 100s? 1000s? Nearly all of them are worthless. That kind of hype needs to be cleansed. It needs a dose of reality. There is no "get rich quick" scheme. And this market needs a "bubble bursting" event to get rid of the rubbish ICOs. Certainly all coins will see a decline as a result, but the top 10-20 coins will prevail and flourish and then the market can grow more intentionally forward.
Thoughts?