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When everyone starts talking about cryptocurrencies, one should stop investing. A variant from a stock market quote.

• rootusrootus 8y ago
  Yeah, last year when my 76 year old mother asked me about bitcoin, I knew the bubble was about to pop. I've never been a bitcoin gambler myself, and I told my mom to stay the hell away as well. That continues to be my advice. I still think it looks like a big well-constructed scam designed to pull vast amounts of money from starry-eyed naive people and transfer it to a very small number of sharks.
  • paulpauper 8y ago
    that is not a reliable indicator though. I remember a lot of non-tech people talking about bitcoin in 2013. Even at $100-250/coin it was getting a lot of media coverage.
    • coygui 8y ago
      It raised up to $1000 at that time and followed by a great drop to 100-ish and stay that level... but I don't know why it went up so much this year.