2025-12-06 09:30:08

Do you remember Peter, the one who had a crossfire with CZ? He’s made another public statement recently. This time, he’s targeting the entire crypto market—according to him, the so-called digital currency craze is nothing more than a modern-day tulip bubble, and this bubble is bursting at a visible speed.

The data he provided is quite interesting: the bubble size is 1.3 million, while the tulip bubble was only 10,000. Although this comparison sounds a bit extreme, it has to be said that such bearish comments always spark heated discussions during bear markets. Is the market really a bubble, or is it just a leverage washout? What do you all think?

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BuyHighSellLow

· 21h ago

Peter is stirring things up again, this guy really can't sit still. 1.3 million versus 10,000? That data comparison is just ridiculously off the charts. If you want to be bearish, just say so—no need for such exaggerated metaphors. Bearish takes are standard fare in a bear market, just listen and move on. If they really wanted to flush out leverage, it would’ve been done long ago—what are they still dragging their feet for? Even CZ can't be bothered with him anymore, so let's stop jumping on the bandwagon every day. This comparison is like comparing Moutai and Erguotou by alcohol content—it's a joke. Instead of worrying about bubbles or not, better to take a look at your own positions. Same old tune again, just old wine in a new bottle. Every cycle someone cries bubble, and what happens? Things are still alive and kicking.

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RugpullSurvivor

· 21h ago

Peter is telling stories again. This guy really can't sit still. Wait, 1.3 million? Where did that number come from? It feels like it's more than my account balance. The tulip bubble theory gets brought up every bear market—it's already an old cliché. They’re the loudest when talking bearish, but the fastest to run when prices rise. I’ve seen right through it. But honestly, there’s only a thin line between a leverage wipeout and a bubble burst. I’ve already been rugged, so what else is there to be afraid of?

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DefiPlaybook

· 21h ago

Real bubble or fake bubble, it all comes down to on-chain data. Peter is at it again. Peter is on repeat again. What does a 130x difference mean? It shows that risk management is much stronger now than in the tulip mania era, right? These kinds of arguments always resurface in a bear market, but honestly, there's a big difference between deleveraging and a bubble bursting. This data comparison is truly wild, but I won't deny that some projects do deserve to die. 1.3 million vs 10,000—Is this guy trying to illustrate textbook market risk, or is he just being bearish for clicks? The bubble itself isn't that scary; what's truly deadly is the combination of smart contract vulnerabilities and team rug pulls. Here we go again—every bear market someone brings up the tulip story, but the holding cost structure is completely different now. Deleveraging and bubble bursting may look the same on the surface, but the outcomes are very different.

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ProbablyNothing

· 21h ago

Peter is being bearish again, but this time the data comparison is really something. A tulip bubble where $10,000 could turn into $1.3 million? That’s hilarious—what kind of hype is that? These are the stories I love to hear during a bear market—it’s always the last hurrah before everyone sells off. The way CZ clapped back at him back in the day was epic. Now he’s popping up again? Seems a bit desperate, bro. Calling it a bubble is a bit much—who knows what new story the next bull run will bring. This data makes for a good meme, but treating it as real evidence is kind of funny. How did they calculate $1.3 million—did they include derivatives or something? Feels like hearsay. There’s never a shortage of FUD fans in a bear market—let’s see who gets the last laugh.

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screenshot_gains

· 21h ago

Peter is trying to ride the hype again. This guy really can't sit still. --- 1.3 million versus 10,000? Come on, how can you compare these numbers, that's just wishful thinking. --- The tulip bubble analogy gets brought up every year, but no one actually leaves the market. --- Talk is cheap in a bear market. Once the next cycle starts, he'll be praising it all the same. --- Whether it's deleveraging or talking about a bubble, it's all the same in the end—retail investors get rekt. --- This guy is jealous of CZ so he starts bashing him. It's so ugly to see someone act like that. --- There may really be a bubble, but what Peter says sounds even more like hot air. --- Every time he speaks up, the market goes up in the opposite direction. I've noticed the pattern for a while. --- Still hung up on whether it's a real bubble or not? All I care about is how to make money. --- Got the data reversed, huh? How can you compare today's market cap to so many years ago? --- How is this person still active? Shouldn't he have been sanctioned by now?

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consensus_whisperer

· 21h ago

Peter is at it again with his usual rhetoric, seriously... Comparing the "tulip bubble" to the crypto market? That analogy is way off. People love to hear this kind of talk during a bear market—it's like a narcotic. All the real leverage was wiped out back during the liquidations. What's the point of spreading doom now? The CZ and Peter feud is still ongoing. At the end of the day, it's all for attention. How did they come up with that 1.3 million to 10,000 statistic...? I honestly can't make sense of it. Instead of listening to influencers spout nonsense, it's better to rely on on-chain data. The bubble narrative gets repeated every bear market—it's all for show at this point. The true believers have already gotten on board. Jumping out now to spread FUD won't change anything.

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