Are cryptos in a bubble like dot-com?

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A title like that often bring strong reactions from crypto lovers.

But first things first, I also like the idea of crypto currencys a lot and I believe they will be a part of the future.

But when you look on the historic data of the dot-com bubble the problem was not, that the internet was not the future - it surely was - it was more the problem that hundreds of companies started collecting money and promised great market gains and making millionaires.

Some of them could hold their promise (like Amazon and ebay) but most just died out after the bubble busted.

Isn't it the same in crypto land? We have **700+ crypto companies / coins ** and all are processing to make you rich? A lot of **ICO'S collecting millions of dollars ** without having a product yet (or if they have maybe it's still not strong enough to hold the claim.

I do not know if the bubble is about to burst soon, maybe it will keep growing another year - or two.

But sometime people will realize that most blockchains do not fulfill their promise and therefore lose their value.

if you study history there are two great rules that seem to proof itself again and again

** 1. History repeats itself **

** 2. Most people do not learn from the past **


How many coins do you think will survive? Which anD why?

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