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BITCOIN PRICE: 6,700.88     HIGH: 6,841.81     LOW: 6,641.35

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Tag: Dot-com bubble

Blast From the Past: Bitcoin Price Decline Bears Strong Resemblance to the Nasdaq Crash of 2000

Category: Bitcoin, Commentary, Finance, News

Blast From the Past: Bitcoin Price Decline Bears Strong Resemblance to the Nasdaq Crash of 2000

It was the year 2000 and many “tech startups” were issuing IPOs as part of the burgeoning dot-com era. These companies were all rushing to go public, promising many paradigm-shifting service delivery protocols that would challenge traditional brick-and-mortar establishments. Investors likewise rushed to the market, eager to get in on the action and make huge profits. The bubble would eventually…

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