Bitcoin Is Now The Biggest Bubble In World History? Even bigger than Tulips? Really?
Sorry for you naysayers but Bitcoin is not a bubble.
The problem with the FALLACY that Bitcoin is a bubble is that, in this case as it is compared with with Tulips there is no limit to Tulips. You want more Tulips you can plant as many as you have room to grow.
![](https://steemitimages.com/DQmcvYwJgpuCqBo1NqGt2FheRXmcfEx3z1VXnQDSbw55TFn/image.png)
Now with Bitcoin only 21 million are available and of those, 4 million are lost forever on crashed hard drives, lost wallets and lost wallet passwords. Those bitcoins are never to be seen or used again. Then there is the fact that I have 5 that I know I will never sell so those are out of the pool as well and I am sure that there are thousands of people like me with that same attitude, HODL
I just popped that bubble.
![](https://steemitimages.com/0x0/http://media.giphy.com/media/cTfuWJAEYFyz6/giphy.gif)
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I like your style @libertyranger
Also, the market has to be saturated for a bubble to occur.. ask 100 people if they are invested in bitcoin, maybe 1 will say yes. That is not a bubble, that is early adoption starting! :)