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RE: I've been seeing this chart get thrown around a lot lately. Given the market's history, which of these scenarios is more likely?

in #bitcoin7 years ago

Very much look a likes! Maybe this is far from the truth or maybe not so far from the truth. Maybe something moving from their own little island hitting main stream news, gets hyped so much and with that also stock/coin prices, after which it needs to fall down again in values to levels that are more in line with the real opportunity, rather than the future, more the now. After the realism kicked in, and the gold diggers who dont understand the art of trading and investing are gone from the market, with a more realistic for the future, the segment can start its build up in value, but more in line with realities rather than just dreaming (common practise in bubbles), therefore a (much) slower increase in value. Maybe for crypto it is time to fall back to realism, and then start its next phase to build upon realities rather than dreams, and therefore the graphs for crypto may look quite similar to the technology stocks in the 90s/2000s. Not sure if it needs to fall back as low as you show in the NASDAQ chart though, maybe the bottom is a bit higher, but the slope up in the future may be quite similar to the NASDAQ graph.

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Agreed.

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