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by darkstar999 3114 days ago
But the bitcoin mania has only been going on within the past year.
1 comments

There were at least two previous Bitcoin manias and bubbles. I remember a lot of hype when it hit $70 (from single-digit prices), and then again when it hit $1000. Both times people said it was a bubble, and then the bubble popped.
The worst part of all of this Bitcoin speculation is that you have someone like the person you're replying to get on and talk out of their ass. Literally. And then they are the ones getting upvoted cause all the haters love to talk to trash with zero intellectual honesty.

This is actually bubble #4. Here's an analysis of the previous 3: https://steemit.com/bitcoin/@huku/bitcoin-bubbles-a-brief-hi...