Crypto crash! Bitcoin bloodbath nears dot-com levels

[Shyamthakur2]

Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books

[gentlemand]

We're not at THE bubble yet.

Think it over - there's still very little Wall St or mom and pop money. Exchanges are still crap, no ETFs and little to no existing retail investment integration.

And the dotcom bubble was many, many times larger than this one plus don't forget that pesky inflation which makes it larger still. I find it very strange that supposedly experienced observers are calling it the largest bubble ever when it clearly and measurably wasn't.

The next one could be though. Make sure you're there to see it.

[monkeydominicorobin]

Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help cement its place in the bubble record books

You wish!!! This goes to show that you are way too old. The moment you mentioned the dot com crash. You revealed your age since nobody around here remembers that. Only fake stream media would rehash this story since they know nothing. You are stupid to believe that propaganda about dot com crash. It is a stupid analogy. Bitcoin is not similar to dot com mania.

[gentlemand]

You wish!!! This goes to show that you are way too old. The moment you mentioned the dot com crash. You revealed your age since nobody around here remembers that. Only fake stream media would rehash this story since they know nothing. You are stupid to believe that propaganda about dot com crash. It is a stupid analogy. Bitcoin is not similar to dot com mania.

A few years down the line I think the parallels to the dotcom boom and bust will be uncanny. The trajectories and emotions will be identical.

It's a new tech no one has actually found a use for. In the meantime they're going to pump the shit out of it until people collectively realise it still has no actual use. Cue the crater of the century. A few years later we do figure out what it's for and the survivors dominate the world.

At the moment, particularly in ICO land, all there are are solutions in search of problems.

[Catch-22]

Get set for disappointment. Bitcoin’s status right now can not  be compared to the dot-com debacle. Apples and oranges. 

[Isaythebitcoinbitch]

the bubble already burst. But it can't be compared to dot.com bubble.
dot.com bubble was much bigger than this one. It seems we touched the ground. I hope this is true. we're now ready to go up again, hopefully.

[zenrol28]

A meteor doesn't rise, it crashes. Anyway, bitcoin is still the dominant coin in the market. Today's prices may look a bubble but it's just part of the cycle. We may see the market's downtrend til next year.

[keycellko]

I don't think the decrease in price of bitcoin is comparable to the levels of the dot com crash. There is no bubble for bitcoin, instead a correction to make sure all levels are intact and are correct. These correction happens every first two quarters of the year. Wait til the end of the year so you can be proven wrong with your speculations.

[poli_btc]

Do not worry, bitcoin will never collapse, especially if we talk about the near future. Do you have any arguments to prove that bitcoin is a bubble?

[hasemase]

Do not worry, bitcoin will never collapse, especially if we talk about the near future. Do you have any arguments to prove that bitcoin is a bubble?

Bitcoin was in a bubble phase as you can see in a chart with log switched off. The bubble(Parabola) popped and we are having a bear market. Altough it seems that bitcoin will recover well like in the past. Next bitcoin mania will sure this or in the next year.

[freetokens]

This bloodbath rumor is complete trash and no reality to believe in this wording dot-com bubble and crypto is nt a bubble at all it is growing organic-based technology we can see more growth coming in this downtrend is for short term only