If you call going from $1000 to $19,000 in a year then declining sharply a bubble, then sure, it's a bubble.
But if you factor in that it didn't go crashing back down to zero but hit resistance points at $10,000, $9,000 and $8,000 and is now testing $7,000, then it's deflating slowly rather than bursting.
But even if it slides all the way down to $2,000, it still almost doubled in a little over a year. I'll take that kind of bubble every day.
at last someone who uses some brain before pressing the "Post" button. I agree with you wholeheartedly. As you well stated, even if it hit $2000 still no other bank would offer this same level of profitability.
Many people tend to forget that other traditional means of investment will never be able to match the great profitability of cryptos.
Thank you for reminding us of this aspect.