So... I go into the crypto dropdown menu on GDAX and do a triple take. They've added BCH to people's wallets who held BTC on 8-1-2017 and will allow trading "shortly". Meanwhile the exchange

Here's where we were in multiples of Bitcoin's starting price about 1 month back: Here's and update the Bitcoin bubble:

“No, there is NO way to properly short the bitcoin “bubble”. Any strategy that doesn’t entail options is nonergodic (subjected to blow up). Just as one couldn’t rule out 5K, then 10K, one can’t rule out

Sir Isaac Newton famously forbade people to speak the words “South Sea” to him after going broke in the South Sea Company stock crash in 1720: If the inventor of calculus couldn’t recognize a bubble, what

You can never know at what speed a market will crash, or what position it will be in when the vomit comet finally stops, but kids, you can always say no to drugs.

(a Citi research graph with my own take on where we're headed in yellow added on)