This Bitcoin Bull Market Proves the Crypto Bubble Never Burst
By CCN: This past weekend, the bitcoin price zoomed past $8,000 and left everybody buzzing about a new bull market.
Crypto Twitter took the news as an opportunity to mock the masses who thought bitcoin was a bubble. Here are two tweets that reflect the general sentiment.
From @danhedl:
Bitcoin in mainstream media:
2011 – “it's a bubble"
2012 – “it's a bubble"
2013 – “it's a bubble"
2014 – “it's a bubble"
2015 – “it's a bubble"
2016 – “it's a bubble"
2017 – “it's a bubble"
2018 – “it's a bubble"
2019 – “it's a bubble"…. 🙃🙄
— Dan Hedl (@danheld) May 14, 2019
From @BlocktownCap:
Call Bitcoin a bubble just one more time…
Bitcoin: >10,000x, 10 yrs & ongoing, billions in liquidity
Tulip Mania: 40x return, 3 yrs start to finish, low liquidity
South Sea Company: 7x return, 3.5 yrs start to finish, low liquidity
Beanie Babies: Just go home#bitcoin pic.twitter.com/xopLDf45ck
— Blocktown Capital (@BlocktownCap) May 14, 2019
As Wade Barrett would say, I’ve got some bad news:
