Does anyone seriously expect a bubble until consumer adoption is cheap and easy?
The last few bubbles happened when bitcoin was far more difficult to obtain. When the price starts to climb again a mania will follow.
Yes, but that was due to widespread media coverage. By now pretty much everyone who could invest in BTC knows about it. Its about consumer adoption now.
I mean, sure, basicly you couldnt rule out that the next bubble will be due to aliens buying it after the inter-galactic news network publishes an article about a "fantastic and innovative payment system developed by some ape-like beings on a boring planet on the edge of the milky way".
Don't talk utter nonsense. Between 300,000 and roughly a million people use bitcoin and you think everyone who could invest in BTC knows about it?
When the price rises the next wave will come in just like every other time.