RE: That double top does not look good news by woz.software

Yep, as soon as it started gaining $1000 at a time faster and faster it was in the post. What gets me is all the people that react "No it's not in a bubble" as though that is an attack on bitcoin itself instead of the stupid prices it reached quick. I am with you, I am waiting to pick up coins for a few thousand at the bottom. Already down at $13000 in two hours. Next comes the panic sell where is will really drop :) All the HODL people are dumb. Sell now and buy back at the bottom

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@lethn1 · Dec 10 '17

I don't think it necessarily is a bubble though even by the definition of Keynesians, I think everyone is just so used to rigged markets that can only go up by 0.1% that they've never seen a real price rise before.

If there is a bubble, it's in the dollar itself, otherwise the prices wouldn't be anywhere near this high. I think that the media is attacking Bitcoin the way they are because they don't know any of this, it's interesting, but they do look at the prices and charts purely on the short term and this happens every time Bitcoin does a price rise.

👍 woz.software

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