When this bitcoin hits $88, you’re gonna see some serious shit.
Today Bitcoins hit $88 (and went up and then down and then up again) which is an important milestone because it allowed me to write this witty title.
I think we’ll probably hit over $100 by the end of the week or mid next week. My opinion is that we’ll see a little over $100-$120 before the crash comes again, but I’m terrible at predicting these things.
So instead I’ll post these 4 simple signs that you’re investing in a bubble.
There are four signs that can help you recognize that an investment is probably in a bubble:
1. Skyrocketing Price
One of the major signs that an investment is headed into bubble territory is a skyrocketing price. The price might be shooting up quickly, seeing rapid appreciation. There doesn
Panzerbadger
March 27, 2013 @ 1:45 pm
It’s not a bubble, it’s a “deflationary spiral”, mkay?
John Andersson
March 27, 2013 @ 3:24 pm
IF it pops (which it can’t because it’s the future!!!) just blogspam harder.
Only 2 bitcoin topics on HN this week.
Jurek Orzech
March 27, 2013 @ 6:35 pm
No, impossible, Cyprus crysis is fueling bitcoin! People in order to save their saving invest in… unstable internet bubble? Wait a sec…
J_redbeard
April 2, 2013 @ 8:32 pm
People are not ignoring the fundamentals. They are just now realizing how sound they actually are.