I recently came upon this information which seems to make perfect sense to me.
I would like to share it you guys, please tell me if it makes sense, cause for me it does… and is really scary.
Back in late 90s the dot com bubble took about 3 years of really high growth to pop. In an era where everything was trade from 9am to 5pm from Monday to Friday, traded mainly in the United States. An era where internet did not exist to the full potential of the one we have today so it was not as easy to communicate, the technology was not as advance as now a days.
Fast forward to 2017 to 2018. The new era, crypto currency goes to an amazing bull run. Making many millionaires over a 12 month period.
Is this era today we have WAY better technology, way easier way to contact others and share information. The crypto market is also OPEN 24/7, all year around, all over the world. You get the point I’m trying to make here.
Do to the technology being way more advance now a days the bubble for crypto took months to pop where as the dot com bubble took years to pop due to old technology and bad availability.
Please discuss your opinion on this idea in the comments below.