November 2013 Bubble Analysis

[glendall]

I sorted a figured we would see a price crash with then a stabilization around $700 and it looks like I was right, at least so far.

Thing I wanted to point out though:  I don't even know if we can this a bubble and call this a crash of said bubble.

If you consider 30 days ago we were at less than $200 and now (at least currently) have stablized at around $700 then that isn't so much a bubble and crash in my opinion. More than tripling in price for something in 30 days is more of an adoption curve or a success story than it is bubble and a crash IMHO. 

If the price dropped to $300 bucks or less then you could call it a bubble. IMHO November was an awesome month for Bitcoin and neither a bubble or a crash terms really apply here.

[I_bitcoin]

IMHO November was an awesome month for Bitcoin and neither a bubble or a crash terms really apply here.

I find it entertaining the way negative commentators breathlessly describe "the massive crash."   Those who have been around long enough know that this thing is growing at an incredible rate and this is just a sign of a effervescent and highly functional market.   Each crash has set a new floor and in many cases the new floor is higher and higher.   We must be in a mega bubble if anything .   Up and down by $1000 makes less of a difference when you have something worth $40,000.

[mskryxz]

I wonder how the doubling time will look at the next bubble?