2017 was the new Dot Com Bubble redux

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Dot-COM-Bubble.jpg

Crypto Popped and is now building real adoption

Below is a chart of the Dot.Com bubble back in 2000 - 2002, when it rose exponentially only to burst when reaching adoption...or did it? Actually what happened was that the market purged the new technology and made the way for solid business models online thereafter. These companies like Amazon, Ali Baba, Google, Facebook, etc., were forged in the crash and burn cycle and look at them today. Amazon is sitting around $2000 when starting at less than $1, so just like conventional (or should I say, old world model).

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Nasdaq dot com bubble, bet you thought it was crypto market cap!

Look Familiar?

So have faith ye with little of it, the cryptos will survive

And here is the exciting part, the internet went through the exact same pattern the cryptos did, after the shakeout (as we are currently in), they companies formed life as we know it today. We are so entwined that we do not even realize, but it will play out exactly the same. We shook it out, now the solid long term growth is ready.

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‪‪‪ Posted using eSteem
Good Health – Evan Pantazi #Kyusho

Image Credits: armstrongeconomics, wikipedia

2017 was the new Dot Com Bubble redux | Ecency