Up an astounding 730,000% in two years, is Bitcoin a bubble? Technically and Quintessentially, YES! Imagine having acquired a modest chunk of this new digital fiat circa 2011 at an FRN price of under 0.17 cents per unit. Each one-thousand-dollar speculation would have mushroomed into a cool 7-million. The insane parabola has clearly matured, and considering entering the speculative bitcoin arena at this stage of the game is utter lunacy. Good luck to those into it from a cost basis above the $300 FRN level.
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