Maybe I'm just overly emotional on this, but here goes. I believe to see a current "plan" used by quite a few speculators, and I find the plan to be questionable at best.
The plan begins with making the current rally continue until some TV show airs. This coincides nicely with the desire to acquire some Bitcoins needed later. The average viewer of said TV show will have insufficient statistical education, and is thus likely to mistake skew for expectation value: blindly follow trends. These people may see the current strong uptrend, jump on, and thus repeat the mistake of feeding a Bitcoin bubble. The participants of the plan estimate the peak and compete to sell at the right point, either to buy back lower or to walk off with USD, their win either way.
This is different from normal bubble profits because there are participants who are trying to
create a bubble, and this means they
increase volatility. I know it's a mass phenomenon and unspoken and therefore no real "plan", blah. Still, it would not be in favor of the Bitcoin community's name.
But how else is everyone expecting price to jump very quickly after some TV show, if not by the viewers buying speculative Bitcoins? We won't get any indicators on the success of this type of publicity any time soon, a few web statistics at best, which could die down the same way they did before. I also don't see another reason to expect another massive rally directly after one in which price tripled, but this is a common opinion.
Maybe I got it all wrong. In that case, people should not have trouble warning newcomers about the dangers of speculating and bubbles, no?
