This morning I was at the local gas stations, when some yelled "You like Prince Harry". I was like what the hell in my head.
I got talking to the person and they explained how: they lost 1.5 million in business equity, filed a bankruptcy and all sorts of other bad stuff happened. They then told me about how they bought Bitcoin and Bitconnect to make some fast cash. I kinda of felt like are we in a bubble?
Then tonight I saw videos of reserve banker around the world saying this looks like a bubble. When was the last time any reserve banker had a clue about warning the public and saving the day before a crash. I remember in 2007 prior Peter Schiff warned many top investors and they laughed. My rule of thumb is, if your saying is a bubble and ur being mocked then it probably is cause bubble are where the masses believe they are right regardless of circumstances.
In the current environment I just don't see a bubble given if Bicoin's market cap was == to all the money in the world then a bitcoin would be 4 to 5 million in price. We are a long way off, wait for people to say no bubble and this is a new era then start to worry.. Also if all the people u know are holding bitcoin then start to worry again. Hardly anyone I know is holding or buying bitcoin.