[cootsnuck]

What's your point?

House prices are at all time highs too. That doesn't mean the housing bubble never happened.

[AnimalMuppet]

Means it's not the end of the crypto bubble.

Unless you're going to claim that previous large drops in crypto were perhaps bubbles, but this time it's real...

[jimbo808]

Prices have risen by orders of magnitude, untethered to any measurable fundamentals, then crashed, multiple times. I'm not sure what other definition of bubble you're operating with...

[AnimalMuppet]

I'm not arguing that it's not a bubble. I'm conceding that cootsnuck may be claiming that this time it's not a bubble.

But if that's not the claim, then I'm saying that the current value makes it's clear that it's not the end of a bubble.

[DaveZale]

Housing could still be a bubble. Many homes on wheels in addition to the stationary ones in my neighborhood. But sure that's another topic.