Quote (KRR @ Apr 21 2021 01:19pm)
People talking about doge since like 2014-2015 and its done more than 10000x since then. I was in highschool/ first year college when I bought my bitcoin and doge , knew nothing of investing. Bitcoin for drugs and doge for the memes is all I remember my classmates talking about.
Its consistently gone up and dropped off each year but it always ends up higher than before.
Safemoon went up 15,000x in 2 months, now thats more of a bubble ... maybe? Its a meme that’ll probably never die and has actual tokenomics
I'd say most crypto is a bubble right now. There are very few with real value propositions. In the late 90's every internet startup went up every year, until they didn't, and then only the ones with real value continued.
I see crypto as much like the dot com boom. Virtually everything is way overvalued, but it will pave the way to a new way of investing and spending money. We can't see which will still be around in 10 years, if any, but sometimes similar and likely better will be around.