In the span of just a few months in 2000 the internet bubble burst and 280 companies lost 1.7 trillion USD in value. That is 13 times more than the entire market cap of Bitcoin (!). 13 times all of bitcoin in the world lost for comparison.
Almost a third of them lost more than 90% of their valuation. That means Bitcoin can easily go from 7700 USD now to 770 USD very quickly.
It is only now in 2017 - 17 years later - that the NASDAQ has regained what was lost in year 2000.
For all you bitcoin investors - would you be happy with seeing 90% of your value lost now, and then have to wait 17 years just to get back to where you are now?
Or is it time to cash in before it is too late?
http://money.cnn.com/2000/11/09/technology/overview/You have a point there though but for me it is only just a comparison to what happen to other thing way back in 2000 and it is pure speculation that it may happen to Bitcoin even it is a whole different kind of thing, Bitcoin is a digital currency while Internet is not but maybe it may happen and maybe not.
One aspect that I believe with Bitcoin is it got a limited supply of coins compare to that Internet bubble that everyone can duplicate someone else's website and ideas for their advertisement that resulted to a massive usage and adaptation that later collapsed and with that it is most likely happening to Bitcoin right now because of the Hard Fork that produces Fork coins but the good thing is it has a value that people can see which is the true and false choice.