Pretty soon everyone will realize that even $300 is a very likely level of stability, if not mid-200s. The sooner everyone realizes that there's just no basis for this valuation (or the capital in-flights to support it), the better.

Another bull in denial, whatever the level we are, bulls are always in denial. As I was saying at 800$ level, this is a bubble and this is exploding , believe it or not but real price of bitcoin should be under 50$