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Bubbles

This picture simplifies the theorical stages of a bubble:

If you look for bitcoin bubble versus other bubbles you will find so many of draws done to compare this bubble with the other ones.

The funny thing is that depending of the message the newspaper/blog/author wants to sell to you, you will find a different draw.

I have seen examples where:

  • Tulip bubble is bigger than bitcoin bubble and viceversa.
  • Etherium bubble is bigger that bitcoin bubble.
  • Bitcoin rise and fall just done in 1 year (c’mon guys bitcoin started before 2017!!)

what you can never find is how the draw was done, so you can compare the figures properly.

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