This WSJ survey is very deceptive. It worded the question to make it sound like they were asking if 2) was true, but the blog post title make it sound like 1).

This WSJ survey is very deceptive. It worded the question to make it sound like they were asking if 2) was true, but the blog post title make it sound like 1). Let me explain: in my experience people mean two very different things by "bubble": 1) Bitcoin is a bubble: the entire technology is worthless and its long-term valuation is zero. 2) Bitcoin is in a bubble: currently in a bubble phase, will probably crash in the short-term, but the long-term potential and value of the technology is or may be real. (Just like there has been bubbles in the past: 2011, 2013, 2014: http://bitcoin.zorinaq.com/price/ http://bitcoin.zorinaq.com/price/ they have been corrected, but the price ended up always surpassing previous peaks)