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I find it strange that journalists tend to use singular boom and singular bust, and rarely mention that there's been at least 4 major boom/bust cycles, each one
by mrb 8y ago
I find it strange that journalists tend to use singular boom and singular bust, and rarely mention that there's been at least 4 major boom/bust cycles, each one bigger than the previous ones.
https://i.imgur.com/ZQJfwp3.png https://i.imgur.com/ZQJfwp3.png (Source: http://bitcoin.zorinaq.com/price/ http://bitcoin.zorinaq.com/price/)
- deleted 8y ago[deleted]
- wmf 8y agoBecause they don't remember the previous ones. Most people ignored crypto until a year ago.
- reefoctopus 8y agoMost people still ignore crypto.
- scoot 8y agoI got out after the first bust in your chart. Should have doubled down. Hindsight is 20:20!