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A comment on Is There a Cryptocurrency Bubble? Just Ask Doge. Parent comment

Re:Is There a Cryptocurrency Bubble? Just Ask Doge by andkon on Saturday September 16, 2017 @11:29PM (#15268100)
> if it really does become the money of the future then the prices now are going to look like pennies in five or ten years time.

Yeah, that's literally exactly why it is a bubble. It's a big if, but that's how you rationalize entering the market.

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Re:Is There a Cryptocurrency Bubble? Just Ask Doge by craigc on Saturday September 16, 2017 @11:52PM (#15268146)
I suppose that is true, but if the price does crash back down to $1,000 and then rises up to $6,000 then what does that mean? The bubble burst and the price crashed, but now we are in another bubble?

This article is an interesting read and seems to suggest something like that:

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-...

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