I’ve been receiving lots of texts and calls from friends, and people I haven’t heard from in a while, regarding Bitcoin — what my general thoughts are; whether to buy it or stay away; is it in a bubble or not?
So I thought it’d be a good idea to take a look at some of the biggest bubbles over the past 40 years. We’ve seen bubbles in may different asset classes — stocks, agriculture, metals and energy.
I’m sure there are few I’m missing, but this is just to put Bitcoin’s current price action in perspective versus past bubbles.
https://medium.com/@mmelissinos/bitcoin-bubble-in-perspective-a55282d8df22
22: The Bitcoin Bubble in Perspective