Still not sure if this is just a Bubble or a dirty Pyramid scheme... Future will tell, no position here (and almost certainly never, I look at this as a really toxic thing).
I recon my chart isn't nice, but I just needed it, to illustrate for some folks in an IT forums where I also write ;)
Things is I work in IT and I'm usually pretty smart but I can't say I master everything.
Iv'e read many article about Bitcoin but I still can't understand the main underlying principles and explain them confidently to someone else...
And when it comes to Bitcoin, I always faces people defending the technology, being so sure about themselves, who call me stupid because i don't understand how secure it is...
My guts tell me something's wrong, that's all.
So as far a I'm concern, I won't put a penny in something I don't remotely understand.
But I guess pro traders do that everyday and manages to take profits. After all some people even managed to make profit with Bernard Madoff, so why not with Bitcoin. Just be careful.