I imagine the gold 'bubble' looked similar when it first became a worldwide standard for value transfer. Do you believe that was a 'bubble' too?
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I imagine the gold 'bubble' looked similar when it first became a worldwide standard for value transfer. Do you believe that was a 'bubble' too?
I am wondering why the OP thinks there probably is a bubble. By all metrics we have on Bitcoin, the current price is just a small pop in a very long bull run already. A price drop is just that, a price drop. Meanwhile, Bitcoin did not change (although we now have the scaling debate).