David Ader, chief macro strategist at Informa Financial Intelligence, shows how bitcoin's gains resemble that of the Nasdaq Telecommunications Index before the tech bubble burst. Bitcoin has gained nearly 400 percent this year, helped by increased interest from institutional investors.
However, digital currency expert Chris Burniske points out the market value of bitcoin is still a fraction of what stocks were during the dot-com boom.
CNBCYou have got your dates wrong in the title of the post. This was published on 31-August, not today.
Comparing Bitcoin to other bubbles (Tulip, Tech bubble, etc) seems to be the flavour of the season.