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Topic	Bitcoin just hit $6000
clearaflagrantj 10/21/17 5:05:29 PM #41:	jayj350 posted... That shit is the new internet bubble Remember that shit back in the 90's, when people were investing crazy amounts of money in websites because they kept going up... it will only keep going up they said, you can't lose they said... ...yet when that shit burst most people lost everything https://flatworldbusiness.files.wordpress.com/2011/09/dot-com-bubble.jpg The value of the dot com bubble was $3.7T in 2000 dollars. The current market cap is only $0.173T in TODAY's dollars. Even then, look at the graph, it's a classic crash into a correction, there is a historical trend. When the dot com bubble popped did Google, Amazon, and the Internet as a whole die with it? No I think it's safe to say they did not. https://www.youtube.com/watch?v=XbZ8zDpX2Mg <cite>clearaflagrantj posted [p:888866840] in Bitcoin ju... [t:75900003]...</cite> <quote><cite>jayj350 posted...</cite> <quote>That shit is the new internet bubble Remember that shit back in the 90's, when people were investing crazy amounts of money in websites because they kept going up... it will only keep going up they said, you can't lose they said... ...yet when that shit burst most people lost everything</quote> https://flatworldbusiness.files.wordpress.com/2011/09/dot-com-bubble.jpg The value of the dot com bubble was $3.7T in 2000 dollars. The current market cap is only $0.173T in TODAY's dollars. Even then, look at the graph, it's a classic crash into a correction, there is a historical trend. When the dot com bubble popped did Google, Amazon, and the Internet as a whole die with it? No I think it's safe to say they did not. https://www.youtube.com/watch?v=XbZ8zDpX2Mg</quote> ... Copied to Clipboard!
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