/biz/ - Business & Finance

>>555173
Because those bubbles were based on the exact same market trends that this latest one was, the only difference is scale.

There is literally -nothing- different apart from scale, and if the total number of users/businesses/startups/literallyeverything has only increased since then what makes you think it would recede to pre-bubble levels?

>>555174
Here's a graph for the hash rate, if we were seeing a consortium in the chinese mining, you would see rigs being switched off because they've been out competed and pushed out the market, the exact opposite, again, is true.

>>551067
I mean if you really want to look at a good indicator of how well bitcoin is doing look at the hash rate, if it was declining we would see rigs getting turned off.

The exact opposite is happening