Vibe

A Bubble is what we be callin' a situash where prices, like, skyrocket on stuff (not just crypto, fam, but even them houses, dot coms, and yeah, tulips). Basically, it's when we hype up the price of an asset so much it’s lost touch with reality. 🌎💸

When that “bubble bursts”, it’s like, bruh, prices ain't holding up no more, and boom, they nosedive. 📉

The OGs and skeptics out there are like, "yo, your cryptos, like bitcoin (BTC), are just vibes with zero worth. 🧐"

The haters say crypto’s just for peeps tryin' to get rich quick and not even useful for buyin' a pepperoni za. 🍕

If you ask the crypto gang, they’ll tell you the market’s been livin' through enough drama with booms and busts since way back in 2011 till now. ⏳🔄

Clown world “bubbles” and nukes

• 2011 boom and crash – bitcoin (BTC) went from $1.06 to a lil' $0.67, but by June, it swagged up to almost $30, only to crash harder than my WiFi at $2.14 by November
• 2013 glow-up then 2014-2015 meltdown – 2013 finished with Bitcoin at a flex-worthy $1,127, then chillin' at $172 by January 2015. Man, what a ride. 🎢
• 2017 high and January 2018 wipeout – Tagged as the 2018 crypto crash, peeps started selling like crazy right after midnight kissin’ the new year. Bitcoin fumbled 65% in, like, a month. Most cryptos were strugglin’ down by 80%. Bitcoin (BTC) was playin' at $5,500 by year’s end.
• 2020-2021 rise – bitcoin (BTC) went total send-it down 30% to $6,200 in March 2020, but come October, it was sittin' pretty at $13,000. 2021 was defo a wild time for Bitcoin! 🚀 Topped over $40,000 in January and peaked at a spicy $66,974 in October. 📈
• 2021-2022 slide – The end of ’21 was the kick-off for the crypto's not-so-lit party from their May, September, and November highs. Bitcoin was down 30%, and Ethereum slipped 23%. 2022 was extra sus with the Terra Luna mess. 🚩 Companies went poof — like Three Arrows Capital, Genesis Trading, Blockchain.com, Celcius, and Voyager Digital hit pause on them withdrawals, leaving users shook.