• KevonLooney@lemm.ee
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    5 months ago

    Current froth doesn’t erase the previous crash. It’s clearly just a tulip bulb. Even tulip bulbs were able to be traded as currency for houses and large purchases during tulip mania. How much does a great tulip bulb cost now?

      • bc93@lemmy.world
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        5 months ago

        That bubble is gonna burst eventually. Bitcoin is only useful for buying monero, which is only useful for buying drugs on the internet. It’s massively overvalued. Once all of the big players have divested it’ll go down pretty fast. If you’re invested in crypto you should pull your money out of it, I really don’t think it’ll last much longer.

          • bc93@lemmy.world
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            5 months ago

            Sure, and Bernie Madoff’s ponzi scheme ran for almost two decades. It’s your money man, do what you want, but if you ask me, there’s gonna be a lot of unfortunate, hard-working folk holding the bag when people realise that the entire thing is basically worthless

            • Jakeroxs@sh.itjust.works
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              5 months ago

              The funny part is I don’t even own bitcoin, i merely questioned the crypto crash lol