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Message: <blockquote data-quote="lewj24" data-source="post: 651308" data-attributes="member: 39887">I would say bitcoin is in a huge bubble. Now I haven't researched this in depth or read the gold thread but all of the signs are there in my opinion.  Most people buying bitcoin aren't buying because, "Wow blockchain technology and cryptocurrencies are so valuable/useful/helpful." They are buying because, "Wow have you seen how much the price has risen? I'm getting in on this!" #BubbleEven if it might actually be valuable I feel that almost all of the people buying are trying to make a quick buck creating the inflated price.  Yes it may have some legitimate value but not $7,000 worth of value (per coin). #GonnaPop1 year ago Bitcoin was $600 per coin. Now its $7000 per coin.  That is a 1167% increase in 1 year. #YouWillLoseAllYourMoney</blockquote>