Yes I agree, but also consider there's a lot of institutional money moving into the space. There's simply no comparison to guide anybody, nobody can say if this is "mania" or "FOMO" or legitimate, sustainable increase in prices. If bitcoin were a stock, it'd have split 5 times already and the price would be in the hundreds. But bitcoin can't split, so, the price keeps going up.
You are viewing a single comment's thread from:
I agree it’s uncharted territory. And the introduction of futures could result in a spike as money flows in, or a major correction as institutions short it! Interesting couple of weeks.