>>1697485
because we are in another tech bubble. watch silicon valley get BTFO in the next couple of years.
>>1697488
who is in a tech bubble? Sure, they'll crash hard as soon as Ethereum goes POS, but then again, there ETC and i don't think they will go POS.
>>1697488
It definitely feels like one but I'm not so sure.
Tesla, however is a meme, and will never be what people think it will be. You think these big automakers are going to let Elon gobble up their market and do nothing about it?
I mean fuck, look at GM, they already beat Tesla to the punch with the bolt which is only $30k. Also the Nissan Leaf is a meme, so there's that.
I don't know what anyone is really expecting out of Tesla to have it valued so high. They are a luxury brand and will always be a luxury brand, if they don't go under.
Maybe they'll just be a battery company, like Honda is an engine company.
tl;dr tesla is meme tech
>>1697488
Look at the op image you fag. He tells you why
>>1697485
this one stock is going through a bubble
watch for 250
screencap this post
There is literally no corelation between Ethereum and AMD or Nvidia stock
>>1697510
in tesla's defense, no one can match their range and all the other electric cars look like shit. tesla also became the apple of the electric car world, which is important because for now electric cars are still a luxury so you want to appeal to those that have the money to blow.
>>1697594
>there is no correlation between GPU-mined crypto coins and a GPU manufacturer
>>1697594
>This is how nocoiners cope
>>1697510
Keep saying its a meme I've seen at least ten teslas today alone
OP here.. IT HAS NOTHING TO DO WITH FUCKING TESLAS. JESUS FUCKING CHRIST
>>1697594
Yeah I find it hard to believe that ethereum alone would make these stocks rise. Sure you need a gpu, but how much mining power has been bought? It cant have that much impact now does it?
>>1697485
its gonna go up more if the Nintendo Switch does well
>>1697860
IT WON'T THEN
>>1697787
>hashing power has gone up
>for that to heppen, niggers have to buy shit ton of GPUs
>both GPU companies stock has rocketed since the release of ethereum
>selling their product has nothing to do with their stock rising
K
>>1697485
Machine learning
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>>1698864
ETHEREUM
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2016 has also been the rise of AWS, Rackspace etc. Cryptocurrency is one attributing factor but not the sole reason.
Fuck gay tech stocks
For trendy millennials who want to feel like they're trading stocks like neo in the matrix 1s and 0s woah look at those bollinger curves we can see the trend curving upward ddude *hits blunt*
Listen fagsAMERICAN STEEL and COPPER and CONSTRUCTION is hot hot hot buy REAL shit not abstract chink memes like $JavaScript and $VisualBasic
Buy it when it dips during the market correctio n
I personally know Jim Cramer i know what im fucking talking about
Sage