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> the end of the Crypto Bubble BTC literally hit all time high this month, fyi.
by raincole 1y ago
> the end of the Crypto Bubble
BTC literally hit all time high this month, fyi.
- cootsnuck 1y agoWhat's your point? House prices are at all time highs too. That doesn't mean the housing bubble never happened.
- AnimalMuppet 1y agoMeans it's not the end of the crypto bubble. Unless you're going to claim that previous large drops in crypto were perhaps bubbles, but this time it's real...
- jimbo808 1y agoPrices have risen by orders of magnitude, untethered to any measurable fundamentals, then crashed, multiple times. I'm not sure what other definition of bubble you're operating with...
- AnimalMuppet 1y agoI'm not arguing that it's not a bubble. I'm conceding that cootsnuck may be claiming that this time it's not a bubble. But if that's not the claim, then I'm saying that the current value makes it's clear that it's not the end of a bubble.
- DaveZale 1y agoHousing could still be a bubble. Many homes on wheels in addition to the stationary ones in my neighborhood. But sure that's another topic.
- jimbo808 1y agoRemember the dotcom bubble? There are still websites, by the way. Doesn't mean it wasn't a bubble.
- busssard 1y agoATH was in july. but yeah i am not talking about BTC. I am talking about the sheer number of Rugpulls that were done by people doing a etherium fork and claiming it as the new revolution in decentralized computing.