I'm wondering if anyone remembers the bubble that happened from october 2013 to march 2014. It was in the Mt. Gox market and over the course of 5 months the price of bitcoin rose from 100 - 1300 USD. Do we see that kind of bubble here? Considering it was early on in the cryptocurrency game there are many more tokens now. But, we still have to pay heed to what happened before. http://imgur.com/a/mJPab Looks like a bubble. A 1200% rise in the price of an asset, that holds for a period of time...(the price of btcmtgox didn't fall until after feburary 2014).

Now I know the counter arguments to this, saying that there were currency manipulators playing in the mtgox market, and that the Chinese played a large part in this huge price jump in trying to move dirty money out of China. BUT! It is a market! People will do what they will in a market, and utilize the resources that they have at their disposal, just because you see examples like gnosis, you can't rule that the whole gammit of cryptocurrencies is experiencing a bubble. I'm bullish.

Skrt