A brief visual intro the biggest currency bubble, Bitcoin.(graphnote.com)
graphnote.com
A brief visual intro the biggest currency bubble, Bitcoin.
http://www.graphnote.com/ddb965cb
1 comments
Seems like everyone is looking to call something a "bubble" after 2008. In this case, this type of increase and crash seems to correlate with other bubbles like the 1987 crash or the Japanese crash in 1989.
It's almost as if "real" economists have an emotional need to say "I'm not stupid! I can recognize an obvious bubble!"