How long are bubbles good for?
I'm curious, how long are bubbles typically good for in the realm of finance and cryptocurrency? Are they merely fleeting moments of excess that quickly burst, or can they sometimes sustain for longer periods, providing investors with significant gains? I'm trying to understand the lifespan of these bubbles and whether there are any patterns or indicators that can help predict their duration. Could you elaborate on this topic, please?
Do bubbles expire?
Do bubbles expire? This question looms large in the minds of many investors and analysts alike, particularly in the volatile world of cryptocurrencies and financial markets. Are we merely witnessing the natural cycle of a bubble, destined to burst at some point, leaving behind a trail of wreckage and lost fortunes? Or could this current surge in prices and enthusiasm be something more sustainable, a fundamental shift in the way we view and utilize digital assets? The debate is fierce, with arguments on both sides carrying their own weight. On one hand, history seems to repeat itself, with bubbles forming and bursting in regular intervals. On the other, the underlying technology and potential use cases for cryptocurrencies are evolving rapidly, suggesting that this bubble, if it exists, may be different from its predecessors. So, do bubbles expire? Or are we merely seeing a transformation in the way the world views and interacts with money and value?