Nah, it's a bubble. I know I look like I'm running around spreading FUD everywhere, but I don't have enough money in Bitcoin to have a decent incentive to do that. I just think that people would be much safer if they're either holding for the long term or selling soon so that they can buy back in at the inevitable drop to under $1200, whenever that happens.
if this is a bubble then i also happen to be satoshi.
a bubble makes you shake your head in amazement every morning when you check the price. if this was a bubble there'd be talk of taking out bank loans on here and people going crazy everywhere. read this thread in 2013.
none of that is happening. there's no euphoria, no media attention, nothing. only a high price.
I agree, I think if we were in a bubble we would be seeing +50/100 during a few days in a row. If in Sunday the price is around $1500 then it could be worrying.
2013 was a bubble.
We havent had a real leg up ever since.
This is just a slow building-up for furhter gains.
Dont fight the trend, fight the bubble.
Traders be like : oh no 2% growth in 1 day OMG it must be a bubble!!
Altcoins are in a huge bubbe ATM, 10% increase is normall rightnow.
Altcoins are now where BTC was in 2013.
It will collapse soon and altcoins will decrease with 80%
BTC already had that phase, its healty growth rightnow.
I think the price is where it was supossed to be and if it didnīt reach this point before it was for the BU fork fear, without that I think the price would have reached these levels much earlier.