LPPL Market Watch: The Bubble Index: Bitcoin

[morningtime]

I asked the science guys behind The Bubble Index if they could apply their analysis to Bitcoin. This is based on science to predict market crashes. See this TED video.

Luckily they were kind enough to do the analysis:

In this post I will respond to a request to publish an analysis on the Bitcoin/USD index (Mt. Gox). Based on these graphs, there is quantitative evidence to suggest that the recent increase in the Bitcoin/USD has been the start of a bubble. While The Bubble Index: Bitcoin has not reached its highest levels seen earlier this year, investors in the currency should be cautious.

Source: http://lpplmarketwatch.blogspot.com/2013/11/the-bubble-index-bitcoin-november-16.html


Source: http://lpplmarketwatch.blogspot.com/2013/11/the-bubble-index-bitcoin-november-16.html

[Grinny]

I watched this fascinating video a while ago and also had in mind to ask them about bitcoin! however, at that time there was no sign of a bubble, so it slipped my mind..
This is real bitcoin-market-porn and I'm glad that you contacted them.