Each day that the bitcoin price remains fairly stable, and doesn't deviate by more than 15% from $100, bitcoin speculator boredom increase. Furthermore, this increase is exponential, the actual boredom level is doubling with each consecutive day. You don't need to be a rocket scientist to realize that this sort of bubble can't last forever.
In a matter of days, the boredom level will exceed all realistic limits for boredom. I expect a spectacular crash in stability in the next few days.
Pretty chart however, without knowing the source of "boredom levels" it seems rather meaningless.
I think it is important to point out that from $50 March 17th to the $266 high was a massive bubble which many of us called and made hefty profit on. The current $100 level is not from all the news etc. in the past month. It has been a steady linear rise since January. As people are buying coins daily to use them for real purposes I don't think anyone has a clue what the real value is. However, I think it is important to set the context as I have outlined that the $100 price may or not be a bubble and you failed to offer any tangible evidence one way or the other. I'm 50/50 on it and not sure. However, I feel safe buying back at $90 as in the next year or so I easily believe we will see over $100 again. Even if I just sell at $120 6 months from now that is 20% which most investors dream of in 6 months. I'd be surprised if we go below the last low at $56.
