Bitcoin Risks Crashing to $900 If Dot-Com Mania Is Any Guide (reddit.com)
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“I spend a lot of time reading about this...McGlone said in an interview. “It’s very similar to these Internet companies we saw in the late nineties.”
"While the creators of Bitcoin intended to limit supply to 21 million coins, forks mean that there are already more than 50 million outstanding coins based on the original blockchain. There’s also nothing preventing rivals from spawning an infinite amount of clones, he said."
"Parabolically increasing supply is the primary limitation to cryptocurrency market-price appreciation..."
submitted by /u/skepticology