[joe_the_user]

People who call Bitcoin a 'Ponzi scheme' , type of plant or apply whatever reduction on a very complex and innovative product are just mind boggling to me.

Plenty of things that were eventually successful products went into extreme bubble and correct mode before they were successful.

Blockchains may or may not be part of the finance of the future. But that doesn't mean that 99% of the price of a given blockchain product today isn't bubble based bunk to be avoided just as many 1800s railroad stocks and 90s dotcom stocks had value only from bubble-dynamics despite railroads and the Internet being technologies that went on the succeed massively.

[nicky0]

There is no evidence that bitcoin is or isn't in a bubble. It is a conjecture either way.

[tomkarlo]

There's lots of evidence it's overvalued (e.g. price vs. utility), and some evidence as well that it's undervalued (most the argument for future value as more people use it). It's not a matter of lack of evidence, it's an issue of which evidence you choose to give more credence.

[JonnyNova]

It is a textbook speculative bubble. The whole idea of hodl is literally speculation.