This definitely seems like bubble territory, but on the other hand will the next... | Hacker News

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		harporoeder on Feb 16, 2021 \| parent \| context \| favorite \| on: Bitcoin surpasses $50K as major companies jump int... This definitely seems like bubble territory, but on the other hand will the next crash follow the "this time it's different" line? Bitcoin has seen extreme price crashes many times and far exceeded the price later on. I doubt the likely next crash is somehow special.

tomcooks on Feb 16, 2021 [–]

If the phrase "diamond hands" became a meme is because those who just held their bags and ignored bubbles ended up with 40x gains in a couple of years

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