Quote from: Slark on February 07, 2018, 09:55:50 PM

Quote from: Cryptosaint$ on February 07, 2018, 09:44:19 PM

Very interesting article. I never realized how close the dot-com bubble looks when you compare it to the Crypto crash that is happening right now. Thanks for sharing.

Every single bubble will look 'strangely familiar' at this point. The difference is to realize that no every bubble is similar and some of 'bubbles' are not bubbles at all.
The main difference here is the fact that Bitcoin is finite currency - dotcom bubble could be extended indefinitely and in the end, people realized the disproportion of prices vs. its usefulness.
That is the reason for the fall of dotcom bubble.

Plus you have to have in mind that dot com was mostly available only in America and was worth over trillion of dollars where total marketcap of cryptos is below 1 trillion dollars (at this moment it is below 400bil). Plus adding that in crypto everybody from anywhere can potentially buy some which should mean to me that price could be higher easily with many people entereing last year so I think this year will be better. Yes it went till 20k, to be honest I though it would dump when btc went till like 10k first time. People taking profits many new people seeing red etc. but still as I said I don't really see the reason to compare this to a dot com, at least not yet.