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RE: Credit Suisse CEO skeptical to "Bitcoin Bubble"
Noo. I think you got it wrong. The bitcoin clones are there for two reasons. Either they will improve Bitcoin, OR they will just make the original Bitcoin stronger. It is a natural evolving of crypto currencies. It is a way to make improvements. Sure, there is FUD and confusion and disagreements within mining-communities etc, but it's not like there was no FUD and confusion when paper-money was introduced, or other forms of currency.
We're in a beginning phase, and there will be turbulence.
There are probably an enormous amount of human beings waiting to buy Bitcoin right now. You will see, it won't dip far. It will go right up again. Why? because there is so much interest. So many people ready to buy at any dip.
Perhaps you are right, it's still too early to judge this phenomenon. Let's wait and see what will happen next year. Will there be more cash grab clone or upgrade oriented forks like the one ethereum keep on doing.
The best we can do is ride on to this sweet sweet thousand dollar bump :D