RE:RE:RE:RE:EtherThe dotcom bubble was no where near 7 trillion.
Regardless its the parabola and the drop that defines the bubble. Its a social and psychological phenomena. The price has literally been wiped out from the Dec Jan time frame where the largest part of the sheeples would have been buying in after hearing the taxi driver, the Bell Hop, The chamber maid, the Neighbour etc tell them about how much money they have made in cryptos.
Now its pain day after day and people who never bought in are not going to. Few are adopting now or those with a brain as it can potentially keep on going down. Maybe it goes up but tell that to people who will be completely skeptical.
And for the record the dotcom bubble was at best maybe 2 to 3 trillion. Its arguable but not 7 trillion for sure.
Here is the Nasdaq over 45 years. You see any 50% pull back from 1993 to 2000? Neither do I. But when you do the part is over. The bubble has burst. The social psychology of the phenom has changed. When you do see the big drop and run on the manic phase its done. It takes time for things to work out. As you will see over the the coming years.
Nas 45 year chart Not going to reply unless you are on topic but you clearly like so many other things do not understand what you are talking about. This was a bubble. The price went parabolic and then crashed. Its a bubble that burst. To say otherwise is to be mackieresearch.