The Dutch Tulip Mania is one of the most famous bubbles of all time, for the scale of the bubble, the scale of the collapse, and probably including the seemingly obvious nature of the bubble considering the extremely limited functional utility of tulips. Bitcoin has now surpassed the multiples of value appreciation at the height of the Tulip Bubble (and by a wide margin). While this itself is not proof that Bitcoin is a bubble or that a collapse is imminent, it's worth considering if there's a lot more risk buying at this price (currently bouncing around $17,000) than anyone on these boards seems willing or able to recognize.
Thoughts?
It is really a bubble and the existence of this bubble is too short. it exploded and now it is starting again.Thoughts?
I think bitcoin will not die and will not become a bubble in the future. so investing in BTC now will bring real value and no strong manipulation takes place here. We will be safe and will not worry about its value being further reduced.