You may be on to something with the tech bubble burst, your timing is just off. Think more 1995, not 2001. If we are in a bubble, it's only just starting. The tech bubble formed really quickly because BIG money (investment banks and VCs) were in it from the very beginning. Their is a wealth of untapped money from mainstream investors that are only just starting to come into play, CME and CBOE have only just recently planned to release bitcoin futures, and they are among the first big players to come into the game, and look at the effects its had on price.
TLDR: people have been calling bitcoin a bubble since it was $31, even if they're right and the bubble eventually does burst, they can't really pat themselves on the back if they were off by 3100%. Plenty of upside in this space for for sure and you'd miss out big time if you think "bubble" to early: To use a famous quote from the tech bubble Era "Nothing important has ever been built without irrational exuberance" - change of an unprecedented scale is underway and early supporters should be rewarded.
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- reminiscent of yr2000 tech bubble
reminiscent of yr2000 tech bubble, page-43
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