Bitcoin Bubble Vs Other Bubbles
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Bitcoin Bubble Vs Other Bubbles. Also known as the internet bubble, the dotcom bubble was a frenzy in the late 1990s in which technology stocks saw a rapid rise in value on the market. Predictions of a collapse of a speculative bubble in cryptocurrencies have been made by numerous experts in economics and financial markets.
I've seen alot of comparisons of % growth of bitcoin vs modern day bubbles, i thought it would be interesting perspective to compare market cap instead of.
Bitcoin and other cryptocurrencies look like they are in a bubble here in 2017, in terms of historic bubbles, but no one can predict the future. I do believe that the s&p is currently in the complacency stage of the bubble cycle and i remain worried about what may happen to bitcoin this creates a major (perceived) imbalance in supply vs demand. Some people would reassure you that bitcoin is far from even resembling something like a financial bubble, while others would swear that the bitcoin bubble. You will lose money if you copy me!!!
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