I've been consistent in my analysis since July of last year (see related ideas). It certainly surpassed my projections. The mainstream media is finally covering bitcoin
AFTER it has rallied $2000 or moved up at least 300%. Now, "experts" will explain this rally to you and justify why "this time is different." I view this as a major sell signal (i.e. optimism at extremes).
- Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
- This Time Is Different: Eight Centuries of Financial Folly