They're working hard

>10T$ dot-com bubble is somehow, some way, ~20 times smaller than the 0.5T$ crypto bubble

hodl

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They're just trying to take our coins. There's no reason to expect this to go below 5k ever

See you sand niggers at $1k per BTC

>Confusing marketcap with price % growth

>y axis is X times starting price

Wtf? Isn't it completely arbitrary when they choose the starting price?

10T for something that exists and generates value.
1/20th of that for pure speculation is actually fucking crazy in comparison.

The dot com bubble wasn’t creating value. It was largely speculative like crypto is now.

This chart assumes the BTC bubble popped at 20k, which is pretty much true.

BTC's bubble popped, it means nothing for other cryptos

Still. What importance does the price 3 years ago have? The multiples are retarded.

No it wasn't. Companies like Amazon and Apple were generating millions in actual revenue every year during the Dot Com bubble. They simply had too high of a P/E ratio.

>starting already expensive means its prone to rise

>using starting price as a measure of value
absolutely despicable

isn't apple like 8000 times its starting price

and shit like pets.com was funded up the ass even though it was literally not possible for them to turn a profit. two decent companies doesn't make the whole market nonspeculative

>Cherrypicking two of the few companies that survived
You forgot about etoys, pets, and about 100 other X.com and e-X companies. Nice try shill, but some of us are old enough to remember it.

>confusing % growth for actual money made and lost

"coins"

dotcom launched some great companies.... meme coins launched Litecoin and a coin with a rocket logo (to da moon)

Again, is not a complex chart, is just a price chart with a multiplier.

The bubble already popped anyways so who cares.

>few

too many to list, just go look at the holdings of the QQQ

it was also a US only market and 20 years before inflation stupid

Mississippi was a bust

Yup, it's a chart designed to be misleading.
Notice they didn't include the housing bubble of the early 90's.
>The bubble already popped anyways
Sure it did. Hodling.

>implying I don't hold QQQ
Many more died than lived. Just look at the facts. A 10 trillion dollar bubble (and that's 17 years ago) burst down to 4 trillion.
Amazon went from 70$ a share to under 5$.
Now (((Bloomberg))) is trying to make that smaller than the crypto bubble. Wonder who could be behind it?

Bitcoin started at $0. If it went to $1 it's already an infinity times its starting price. Hitting parity with the dollar was actually a big deal back then.

That's what I don't get how this is comparable to the dot com bubble, which was 50x bigger than this, and the "bubble" of inflated prices lasted multiple years, it wasn't just some 2-3 month long blip in the price.

Lets get real, even telling someone last year that BTC would be even $5k now, they wouldn't even have believed you. $10k was literally an end game pipe dream for BTC bulls last year.

Bitcoin started on less than pennies though, this whole chart is a sham

btc has long been to the moon and back, there is nothing more coming, it's a useless coin dying with the inability to stand the test of time

Sort of. It depended on your specific field but what was happening was
> investors throw millions at Shitco, Inc
> Shitco buys Sun servers because they're the best, amirite
> Sun books the sales and collects before Shitco implodes

Same thing was happening with banner advertising:
> investors throw millions at Shitco, Inc
> Shitco buys tons of banner ads to promote shitco.com
> Yahoo books the sales and collects before Shitco implodes

Here's an article from Paul Graham about it. I mean this would happen in any boom cycle anyway (Levi Strauss getting rich selling things to miners looking for gold rather than looking for gold himself) but there were massive inefficiencies in the market and the "suppliers" were making bank on them.

paulgraham.com/yahoo.html

Everyone invests in the U.S.

ALSO YOU FUCKING MORONS DONT YOU REALIZE YOURE GETTING FUCKING PLAYED ALL THE TIME
WHY WOULD BLOOMBERG OR CNBC OR GOD KNOWS WHO WASTE THEIR TIME ON FUCKING BITCOIN OR CRYPTO AS A WHOLE IF ITS SO (((USELESS))) AS THEY ALWAYS SAY? IF SOME ONE ON BIZ IS FUDDING YOU CALL HIM OUT THAT HE WANTS TO BUY YOUR BAGS AT A LOWER PRICE BUT WHEN THE WHOLE ECONOMY JEWS DO IT ITS OKAY

You don't want to know what Berkshire Hathaway is from its starting price.

Yeah but its like a 20-30 year hold. Nothing Veeky Forums could do. We need something that goes 100% in a day for our daily dopamine shot.

$300k for that shitcoin with a website this bad
berkshirehathaway.com/

even has a fucking gieko ad on it. christ.

berkshirehathaway.com/message.html