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RE: Bitcoin is nothing like the Dutch Tulip Mania, you can’t just grow as many as you want

in #bitcoin7 years ago

All valid points. I just shake my head when people try to make crazy comparisons like this. There is no correlation between the two other than an ascending price. Of course, many thought Amazon was in a bubble with the stock was at $400 a share. How does that outlook appear now?

Bitcoin is a technology, hence subject to technological curves. The S curve explains Bitcoin and the crypto market in general. When viewed through this lens, we see crypto have a huge upside. We are only at the beginning.