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Bubbles only pop once. Bitcoin has spiked and crashed multiple times and it isn't unreasonable to expect it to do so again. Eventually, we might see the termin
by bitxbitxbitcoin 8y ago
Bubbles only pop once. Bitcoin has spiked and crashed multiple times and it isn't unreasonable to expect it to do so again.
Eventually, we might see the terminology change from "bubble" to "spike." It's already happening... Albeit slowly [0]. Can anyone think of a better term?
[0] https://trends.google.com/trends/explore?date=all&q=%22bitcoin%20bubble%22,%22bitcoin%20spike%22 https://trends.google.com/trends/explore?date=all&q=%22bitco...
- orev 8y agoA spike is something that happens and completes in a very short period of time, not drawn out over a year like this was. The terminology used pretty clearly follows the shape of the price charts — there’s no need to try to redefine terms to meet whatever point one is trying to make.