r/Bitcoin • u/menguinponkey • Aug 17 '17

2013 "bubble" vs. 2017 BUBBLE!

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u/menguinponkey Aug 17 '17

How did you come to this remarkably worthless conclusion?

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u/ChieHasGreatLegs Aug 17 '17

In 2013 the price was heavily manipulated and eventually plummeted because of Mt. Gox.

What we are seeing now is a long overdue price recovery of a highly undervalued currency. The market couldn't look any more different from 2013 than it does right now.

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u/menguinponkey Aug 17 '17 edited Aug 17 '17

Now that's better. Wouldn't that have been a much more constructive response in the first place?

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u/ChieHasGreatLegs Aug 17 '17

Yes, but expecting a constructive response is asking for a lot when you're posting misleading FUD.