The Bubble Phase and Bitcoin?

7 pointskirkouimet4 comments

See this:

http://steveblank.files.wordpress.com/2011/06/bubble-phases.jpg

And then this:

http://bitcoincharts.com/charts/mtgoxUSD#rg60zvztgSzm1g10zm2g25

Thoughts?

Depending on how you scale the graph, you can reach the conclusion that the bubble is over or just getting started.

Agreed, bitcoin is in the bear trap phase right now. Almost nobody knows about bitcoin yet. Wait until the Federal Reserve starts banning bitcoin... that'll mark the beginning of the bubble phase.

One thing I can add is that the fact that the price is stable begets a climb -- stability makes it more appealing. The next question is whether it is artificially being kept stable and by whom and why.

I'm more interested in this: http://www.mendeley.com/research/nonlinear-superexponential-...

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