Quote:
Originally Posted by Fuzz
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I think we might be getting close to that point. I went out for drinks with a couple of buddies last week and one of them (Who is an engineer) wanted to talk all bout how blockchain technology is in its infancy and that it's proliferation in places like Bahrain could only facilitate more people getting in and thus increasing the value of Bitcoin. He's in for a few Bitcoins.
Also notice the recent spike on google trends:
https://trends.google.com/trends/explore?q=Bitcoin
My prediction is that we are certainly in the mania stage. Who knows how high it can go and for how long, but for me personally I can only see this ending poorly for a lot of people who think this is the next big thing.