Bitcoin is a bubble and a perfect example of 'faddish human behavior,' says Robert Shiller

Bitcoin is coming off one of its best one-day performances of the year, but one Nobel Prize-winning economist sees the cryptocurrency as more of a psychological experiment than a serious investment. "I'm interested in bitcoin as a sort of bubble. It doesn't mean that it will disappear, that it'll burst forever.
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Bitcoin to Burst Faster than Tech Bubble? Someone Tell Morgan Stanley It's Been Almost a …

According to Sheena Shah, a strategist at Morgan Stanley, there are similarities between Bitcoin and the Nasdaq during the 1998-2000 technology bubble — with his argument centering around the fact that both experienced massive run-ups before dramatically decreasing in value. As displayed in a …
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Bitcoin Foundation cofounder: Crypto isn't in a bubble — 'bitcoin is the pin that's going to pop the …

Jon Matonis, who helped found the Bitcoin Foundation in 2012, told Business Insider: "To the people who say bitcoin's a bubble, I would say bitcoin is the pin that's going to pop the bubble. The bubble is the insane bond markets and the fake equity markets that are propped up by the central banks.
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Peter Theil on why the growth of cyptocurrencies is not the same as the dotcom bubble

Pretty interesting. He says that since institutions are still not involved its growth so far is very different than when we had the huge growth in the dotcom bubble. Seems to me he is saying its much more organic ie pushed by the people than by people trying to make money from you. What do you guys think?

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Bitcoin – The Currency of the Internet