Bitcoin may not be a bubble, it may be a mania instead

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If you’ve not yet bet on Bitcoin beware, this graph courtesy of Convoy Investments shows that it’s more like a Mania (as in Tulip Mania) than just a bubble.

In this graph you can see how Bitcoin compares to other bubbles in history and what the potential next move could be.

Or read this great article in the Wall Street Journal: Bitcoin is up 250 MILLION % in 7 years. But it has failed in its primary mission, at least so far – by James Mackintosh

You can probably draw your own conclusions… 

Or for a list of Bitcoin brokers see here

 

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