The NASDAQ Still Hasn't Recovered from the 15 Year-Old Dot-Com Bubble, How Long Will it Take Bitcoin?
If you were investing in tech stocks back in the late nineties, you may still be trying to recover your initial investment. It's been 15 years since the NASDAQ index hit an all-time high of just over 5000, yet it still hasn't regained that high which was driven by intense speculation on the value of Internet-based companies.
Here we are just over a year since Bitcoin bubbled to over $1000, and the recovery is nowhere in sight. Is the technology still sound? Yes. Is it gaining adoption? Yes. Perhaps just a little patience is in order. Maybe even 2015 or 2016 will be too soon