The answer is simple: a bubble will never be a bubble if no one cares and every one accepts it is at it is.
As people never found out a tulip is very easy to grow yourself it would still have the price of a villa.
If money is involved there always be a crash sooner or later.
P.s. I find this post very long. Half the way I lost track and the end conclusion was based on? for me.
I wonder how the biggest group of Steemians can read and understand this, have benefit of the given information that is?
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You're right! I also think that this post is too long.
In fact I had to remove part of the material researched so that the post would be of that size since the subject is quite extensive.
I'm sorry you lost on the way. Maybe it was for this reason that you did not understand the conclusion.
Thank you for reading.
I think there are some important ideas here:
This will give some clues to understand what happen in the dotcom period. In retrospective, If I can understand the fundamentals that push pets.com for failure and Amazon for success, Maybe i can use the same fundamentals to invest in current blockchain projects.
For example, Google has a return greater that 2000% since 2004 (15 years afters). If i have bought stocks of Google back in 2004, probably I wouldn't be writing here but taking some nice vacations.
If blockchain is another bubble that has not burst yet, why don't try to invest (put at risk) some amount of money? maybe I can choose 20 cryptos and luckily one wins. Maybe the profit of the winner will be higher than the losses of the losers. Who knows.
bubbles don't happen very often.
One of the best comment I've read today @danielfs
RESPECT!
Dear @wakeupkitty, @juanmolina
I kind of agree with you :) My impression is that post shouldn't be longer than 400-500 words (that would take usually 5min to read).
Cheers
Piotr
Perhaps he can repost the same story shorter and/or a bit different in 2 parts?
☘💕
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