[eternalvision]

While this is merely an anecdote, this past week I overheard a barber discussing bitcoin and how "you have to get in on it".

Such discussion can be indicative of a bubble approaching maximum capacity.

[lern_too_spel]

This article is another indication. The author understands neither the technical details of the blockchain (he believes transfers happen instantly without any fees) nor the economics.

From an economic perspective, the more ransomware there is, the more the demand curve for Bitcoin shifts right. In that respect, Bitcoin is a vehicle to bet on the growth of black markets.

[magma17]

by then, transfers happened instantly without any fees. maybe you have to learn before you can speak.

BTW, how many btc you bought in 2011? let me guess... zero.

[lern_too_spel]

The article was written on May 29, 2011. The average transaction fee in that month was .02 BTC. The average block time was 10 minutes. Neither of your claims is true.