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Topic: Dotcom bubble vs crypto: Why BTC is NOT in a bubble - page 2. (Read 594 times)

legendary
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This simple picture explains how we are not anywhere near a bubble, and a lot of people are panic selling due the round number of $10000:



Notice how

1) Dotcom bubble peaked way, way, way higher than peak crypto (as a whole, not only BTC) marketcap.
2) When the dotcom bubble bursted back in 99-2000, the winners like Amazon, make that bubble burst look like a tiny pump in the long run. Bitcoin will do this, and once it's worth millions, a lot of people are going to hate themselves. Just give it a decade or so.


So remember when anyone tells you that "dotcom bubble" nonsense, because Bitcoin will be the Amazon of crypto.
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