There are many nocoiners that claim that Bitcoin is “Tulip Mania 2.0”, but it has been 10 years. How long must the protocol keep running before the rest of the world accepts that Bitcoin is not going anywhere. In fact, it opened a Pandora’s Box of new possbilities. BUT, I believe the next “Tulip Mania” for this bull cycle are, NFTs.
They are uninformed or even worse they have been feed false information, it is difficult for a bubble to last more than a decade, now this market can be manipulated and bubbles can indeed form but there is a difference between that and the whole market being a bubble, this is similar to what happened with the dot com bubble, people called it a bubble and back then the price of many undeserving companies were overvalued, but the market itself was not a bubble, and now a few decades after it those companies are some of the most powerful around the world, and I expect something similar to happen in this market.