Follow the weekly Bitstamp chart. If it closes green for 6 times in a row, we are on bubble territory (currently 4 consecutive weekly greens). If we instead end this week in red, there is nothing to worry.
IF we get 6 greens, this means we can go on for a long time still but watch for a blowoff top and trade accordingly.
The methodology worked perfect in the latest 500 spike, and you can easily check a very good match with all previous bubbles as well.
IF we get 6 greens, this means we can go on for a long time still but watch for a blowoff top and trade accordingly.
The methodology worked perfect in the latest 500 spike, and you can easily check a very good match with all previous bubbles as well.
First TERA and now Risto- we're getting the band back together!
no better indicator of a bull market than old-timers becoming active again

Hold on there, Pardner. Don't confuse cause and effect. All that means is the price is higher. The bull market isn't really back until the ATH is topped. That won't happen without a scaling fix because long before we get to four digits, we'll slam into the 1MB blocksize limit.
When the blocks are totally full, the fees could go up 100X what they are now because there is only enough capacity for ~600,000 transactions per day. That's it, no matter how high the fees go, there won't be enough capacity for each of us to have even one xation/day each. NO MATTER HOW HIGH THE FEES GO.
You don't wait until the snow starts falling before you start chopping firewood. It's coming.
Assuming inelastic demand for bitcoin transactions is wrong. If fees go high enough, there will be plenty of room in 1 MB blocks. There will also probably be plenty of cheap coins in this situation.
Realistically, the network's actual capacity in current form is more like 2.7 tps.