It’s way higher than I ever thought it’d be. I sold mine at $800 so maybe I’ve got some sour grapes here, but all this reminds me of the book “Devil Take The Hindmost.”
I got something like 30k XRP for free. Then I traded that for one BTC and got 300. I could now have 100k, but oh well I never was true believer. And I am still too sceptical even with stock market...
You're talking about mania that lasted, at the very most, three years.
Is it really that intellectually honest to compare tulips, which can be grown everywhere, by anyone, with "something" that has been designed, on purpose, to have a diminishing issuance rate?
Satoshi made it very clear, in the very first Bitcoin block, that Bitcoin was a middle finger to politicians ever printing more money to bail out the banks.
Housing went up for a long time and then what happened in 2008? That wasn’t a 2-3 year mania. Everyone thought houses were “safe as houses.” The stock market rally in the 90s went up until it didn’t in the .com crash. I’m not comparing btc to tulips, I’m comparing it to things that went up a lot and then went down fast. And if you come back with “btc is different” I’ll respond with “that’s what everyone says about everything else before it crashes.”