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RE: Bitcoin $17,000 Target Update & SegWit2x Returns

in #bitcoin7 years ago

"A bubble is an economic cycle characterized by rapid escalation of asset prices followed by a contraction" (Invesopedia). So, we have not seen a (large) contraction, thus is not not a bubble (yet). We would not know if we are in a bubble or in the initial growth of the asset. The same applied to Tesla.

https://www.investopedia.com/terms/b/bubble.asp#ixzz52UmAbHG4