If you haven’t heard, bitcoin�surpassed�it’s previous high of $32 and is very rapidly approaching $50. There really isn’t any reason for the rally over the past week or so besides Kim Dotcom saying he wants a bitcoin credit card for his illegal file sharing service and some dude from the Pirate Bay saying he expects Bitcoins to reach $100,000.

Look at this crazy graph that’s totally normal and sane for a stable currency.

This is not normal. THIS IS NOT NORMAL YOU IDIOTS.

Here’s the recent�bubble�overlaid over the last�bubble.

We’re a few days away from a repeat of the last crash, and it’s gonna be just as bad this time.

Remember when you were a kid, playing with Lego? And you tried to build a giant Lego tower, but you didn’t build a base for it, just stacked Lego on top of Lego until it was all�wobbly�and fell over.

Let’s look at the�volatility�over the past hour as bitcoin reaches it’s unsustainable peak and tumbles down.

Wild spikes of a dollar or more, this is the currency of the future folks.

So grab your popcorn folks, it’s about to get REAL good!

The post Grab your popcorn, bitcoin approaches $50 in the middle of a runaway expanding bubble and when it pops it’s going to get ugly. appeared first on Buttcoin Foundation.