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RE: Bitcoin Almost $1800! Is This a Bubble?

in #bitcoin8 years ago

Yes, I was buying 100 oz bars when silver was $3.20 oz or so and gold about $268 oz in 2001 and kept buying for years until it hit hit $20 dollars and then it went to $75 - silver. I still buy now but not in huge quantities. It is being manipulated as it's not indicative of what the U.S.'s economy should be (low,) with this economy. Silver should be $100+ per oz now. But look at the unemployment rate; a third of the citizens aren't working because there are no jobs and if they are, you have to work 1 1/2 or more jobs to maybe make ends meet and also because businesses are closing.