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The Bubble Phase and Bitcoin?
See this:
http://steveblank.files.wordpress.com/2011/06/bubble-phases.jpg
And then this:
http://bitcoincharts.com/charts/mtgoxUSD#rg60zvztgSzm1g10zm2g25
Thoughts?
- wmf 15y agoDepending on how you scale the graph, you can reach the conclusion that the bubble is over or just getting started.
- dstein 15y agoAgreed, 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.
- adrianwaj 15y agoOne 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.
- regularfry 15y agoI'm more interested in this: http://www.mendeley.com/research/nonlinear-superexponential-rational-model-speculative-financial-bubbles/ http://www.mendeley.com/research/nonlinear-superexponential-...