How Irrational Exuberance aligned Dot-Com and Crypto bubbles.

Written by elvinakazan | Published 2019/04/27
Tech Story Tags: venture-capital | cryptocurrency | cryptocurrency-investment | blockchain | finance | vc | crypto-bubbles | irrational-exuberance

TLDR Nearly all markets at some point go through a bubble. But not all bubbles are the same, and some tend to get more attention due to events, hype or the level of a potential impact on the global economy. Perhaps the most conspicuous analogy of an infamous crypto crash is the dot-com bubble. Other similarities include explosive growth and grandiose expectations of the capabilities of underlying technologies. Bitcoin and other coins kept rising, and by the end of 2017 the Bitcoin price rose to $19k.via the TL;DR App

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Published by HackerNoon on 2019/04/27