It is difficult if not impossible, and i am not going to try to position that BTC is not a bubble as gold is not a bubble. The chart says whatever it says, that it has been awesome, and sure looks like a bubble, but the biggest fastest most awesome bubble in quite some time.
As to the UBS take, <<"We remain unconvinced this surge is different from previous speculative bubbles," the GWM chief investment office said in a note.>>, much comfort i take, that much doubt exist, and the presumed CIO uses hedge sentence to state the truth, that anyone not questioning the BTC rise is either brilliant, reckless, calculated, and / or idiotic.
But, at the same time, BTC chart is obviously different from past bubble charts according to Willy Message 33257128
All it means we are still early, bubble or otherwise, we are early.
I hope.
My position size, relative to risk, is largest in Casper tokens, and / but is on the books at zero cost-basis.
Power to the people. |
