Its far from a bubble until McDonalds, Walmart, and Gas Stations begin to accept bitcoin......
Untill then, we have a long ways to go!
Buy and hold is my advice.
Steam has abandoned Bitcoin, so why should McDonalds, Walmart, or whatever start to accept it all of a sudden? Methinks, the primary reason why Steam ditched Bitcoin is lack of demand. I mean there weren't enough people willing to pay with bitcoins for the games Steam is selling. They say they dropped Bitcoin because of Bitcoin's insatiable volatility, but personally, I doubt that. If people were actually using Bitcoin in their everyday life, Steam included, volatility wouldn't be an issue any way you look at it.
True that. But I would say that the transaction speed is the bottleneck for them. I mean if you gonna order a Burger and you have to wait 6 hours before your transaction is confirmed. I would say that your burger is burned at that time. No one wants to waits that long for a transaction. There has to be an alternative better and faster coin.