Where does it stop?
Bitcoin has risen another 11% today and has exceeded $ 13,000 for the first time.
Frenzy is a large-scale mania at this time.
As prices continue to rise, Bitcoin will continue to attract buyers. The story has been divorced from something other than an impetus game, but it's really amazing.
It's fast because the great story of the bubble / frenzy of our time and the one that will be studied for generations, for better or for worse. 19659004] I will be on the news of the Canadian National today to talk about Bitcoin. That has to be a sign of a top, right?
What I find interesting is that nobody talks about Bitcoin as currency anymore. There is an increasingly widespread acceptance that its architecture is flawed as a transaction system. It was something I was saying months ago when (once again) I predicted it would be $ 10,000.
Instead, Bitcoin is now touted as a kind of crypto-gold. But when the people who promote it change the story, you know that the story has gotten out of control.