here goes my AROW prediction ...

To answer whether bitcoin is a bubble, someone would need to quantify to what degree people of the world have lost faith in governments and other institutions. How much fear is there that the euro or dollar will crash due to high deficits and overprinting of fiat?

Anyway, the pattern on the Bitcoin charts has all the hallmarks of a final terminal blowoff that will be followed by a catastrophic wipeout and probably soon, and when that happens you don't want to be anywhere near it, either that or short. The inexperienced get rich quick merchants who have been flocking in droves to Bitcoin in recent weeks will be vaporized.