Key Words: We just might be in a bitcoin bubble when…

‘Bitcoin paid for it.’

That’s what Ryan Williams, a 35-year-old school bus driver, had to say about his recent purchase of an above-ground pool, according to a report from NBC News aptly titled, “Middle America is crazy in love with bitcoin.”

Read:How one central-bank cowboy at Jackson Hole has fallen behind — and maybe be spurred into action.

These kinds of stories tend to surface during nosebleed rallies like the one we’re seeing in bitcoin. At last check, the digital currency was up 2.3% to $4,287.64, advancing for a third straight day. Despite taking some hits recently, bitcoin BTCUSD, -0.68% is still up more than 300% since the beginning of the year.

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