“The bursting of the Bitcoin bubble“, an article by The Economist in 2011 when the BTC price was $2.

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On the 21st October in 2011, exactly 11 years in the past, The Economist posten an article about Bitcoin, one of the first ones it had ever done. The title of it, “The bursting of the Bitcoin Bubble“ already says what their stance was towards crypto already back in the days. The circumstance was one of the first bitcoin bull runs ever fading. Bitcoin had plummeted from $33 to $2.5.

tldr of the article is basically that a swedish Pirate Party politician had bought BTC at $18 and now had started to sell it at $2.52.

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They have also done an article about the technicals of Bitcoin literally called “bits and bob“, high level journalism that is.

A picture from the article as its sadly under paywall. (but its basically all about the too high volatility )

Not only does this show how far we have come from then but also how mainstream media will just forever call us in a bubble and call it a bubble bursting once we enter a bear market. We must be the first bubble that has been blown and then bursted for over 400 times now.

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We will also surely look back one day at this bear market and just laugh just as we are laughing at the prior bear markets. If there is one thing that has been consistent in crypto, it is not TA, not fundamentals, definetly not the price but the fact that patience always wins.