Affected smugness is a poor cover for the envy of “sour grapes”.  Of course, all the people who didn’t buy Bitcoin for $1000 or less now are eager to lecture others about tulips—as if that were some obscure bit of history.  (My, you look so smart….)

Damn straight:  This is the 90s in Bitcoin, and more broadly, in so-called “cryptocurrency”.  There will be a big shakeout.  Most altcoins and all ICOs will die deservedly painful deaths, by analogy to your stock in pets.com and omigoshimadeawebsite.com.  But you know, that “Web” thing didn’t exactly go away.

People who compare Bitcoin to the 90s Web are paying Bitcoin a high compliment.  Of course, I fully agree with that assessment.  I oft compare the 2013 Winklevoss investment in Bitcoin to buying Amazon.com stock in 1995.  I think buying Bitcoin at $18–20k now is roughly tantamount to investing in Amazon in 1999.  If 2017 is 1999 for Bitcoin, imagine what Bitcoin will look like 18 years hence!

Oh, yes, enjoy your smugness.  These grapes are mighty sour.  You don’t want them.  Be glad you missed out.  If you’re even old enough to remember that time, you are probably also glad you were smart enough to sneer about tulip bulbs at all the people buying Amazon.com stock in 1999.  That’s totally worthless now, you know.