Quote from: emanymton on October 23, 2013, 09:50:46 AM

Quote from: Herp on October 22, 2013, 03:09:41 PM

This forum is full of cheap dilettantes who don't understand the meaning of the word "bubble" and throw it around with the ease of taking a quick piss.

Just have a look at the stock of Microsoft or Google or 3D Systems and notice the growth they've experienced.

Do you know where price of Microsoft stock should be hadn't been for all the stock splits?

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Microsoft has split its stock nines times since it went public back in March 1986. Put very, very simply, a company will generally split its stock when its share price becomes too high.

Since Microsoft has had six 2-for-1 splits and three 3-for-1 splits, one original Microsoft share would now be equal to 288 shares today. Interestingly the price of Microsoft's stock at its initial public offering was $21 a share, at the time of writing a share is now around the $23 mark. One original MSFT share would now be worth over $6,000.

http://mashable.com/2010/07/17/microsoft-facts/ This was 2010 info where MSFT was $23/share. Price now is much higher.

So please take that bubble retarded mediocre talk somewhere else. Mainstream media uses this BS "bubble" a lot to describe Bitcoin. I don't need to hear same BS idiocy of infantile twats on this forum also.

Growth is not synonymous with bubble!

It is when it's followed by a crash. The market behavior we have seen pretty much fits the textbook definition.

Definition of 'Bubble'

1. An economic cycle characterized by rapid expansion followed by a contraction.

You're wrong. There hasn't been any "contraction" in Bitcoin. There has been only exponential growth so far.