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/biz/ - Business & Finance

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File: 14 KB, 575x415, south-sea-bubble-newton.png [View same] [iqdb] [saucenao] [google]
50100363 No.50100363 [Reply] [Original]

>> No.50100377
File: 106 KB, 532x572, SouthSea.jpg [View same] [iqdb] [saucenao] [google]
50100377

>>50100363
No, every cycle has ended up higher than the last, I wouldn't worry about it.

>> No.50100400

>>50100363
>guy who invents gravity doesnt realize shit doesnt go up forever

>> No.50100414

during the past decade, plebes have consistently claimed that crypto is going to zero

>> No.50100447

>>50100363
>every bubble is the same
repeat after me, faglord
new reserve currency of the world

>> No.50100523

>>50100363
Everyone always overlooks how the bubble inflated and popped in the span FOUR MONTHS. Mind you, this is the early 18th century, where information crawled from trader to trader. Tulipmania is the equivalent of a week long bubble in modern terms.

Anyone who compares BTC's decade+ ascension to Tulipmania is a low IQ shitter.

>> No.50100554

>>50100523
*South Sea

Fuck you, mindfart.

>> No.50101946

>>50100523
It's just the difference between 10-year, 100-year and 1000-year floods. The phenonema is the same - it's a bubble, it will go to zero, many fortunes will vaporized and all anyone will have gotten out of it is a memory.

>> No.50102488

>>50101946
then why are the salaries for crypto developers skyrocketing?