RATE Group | Dot Com Vs Crypto Bubble: A Glimpse Into Human Psychology and The Future of Bitcoin?
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Dot Com Vs Crypto Bubble: A Glimpse Into Human Psychology and The Future of Bitcoin?

04 Nov Dot Com Vs Crypto Bubble: A Glimpse Into Human Psychology and The Future of Bitcoin?

Posted at 20:10h in Bitcoin News by

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All financial markets are cyclical, including the cryptocurrency market. The price action of assets like Bitcoin, Ethereum, and even traditional assets like stocks or commodities, are driven by a complex balance of supply and demand, but also the psychology of each market’s participants.

A comparison between the late 1990s and early 2000s dot com era boom and the late 2017 crypto hype bubble show just how similar human psychology playing out in markets can be, and potentially offer a glimpse into Bitcoin’s long-term future.

Market Psychology Compared: Crypto Versus Dot Com Bubble

It’s not uncommon to see today’s crypto market compared to the dot com bubble of the early 2000s. Both were emerging technologies that offered untapped potential and promise and took the entire world by storm.

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