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from a BI article
Sixteen years ago, the tech bubble crashed.
The NASDAQ fell from a high of 5,132 in March 2000 to just 1,470 a few months later, as giddy investors suddenly sobered up after figuring out that web businesses with little or no revenue were fundamentally worthless. Companies worth billions when they IPO'd went to zero
doesnt this sound similar, little or no revenue...fundamentally worth, worth billions at ipo...?
alot of these icos have no users,no framework worse no company address, no phone number,dont release earnings and no financial information. Ill beat a good chunk of them have taken the money and run or siphoned it off into some other account
while i do think bitcoin and neo are the future, fundamentally alot of these icos are worth $0
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icos are indeed trash and im so sick of them. from now on i only buy coins that are already existing.
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>>3018178
Sure, but we are nowhere near a bubble yet.
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>>3018178
the bubble has even begun to inflate yet
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Yes it's true but if I can make a shitload of money in the next few years before it all comes toppling down then I'm chilling
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>>3018178
>Cryto docom bubble
i'll tell you what's also a bubble. you faggot.
NYSE
i'm shorting the Dow Jones as we speak.
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Google just pissed off every self respecting white male on earth. Get out of stocks now or die trying.
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>>3018598
grow some balls you stupid Twink
I'm shorting the United States itself. with the way trump handles himself I'm sure to become a trillionaire
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>>3018874
what they do?
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If only we could somehow account for the long tail of cryptos...
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>>3019130
>not shorting humanity
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>>3018178
> Muh bubble
Microsoft had 5x the entire crypto's market cap in 2000. We're not even remotely close.
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>>3018178
What will be the impact of a financial crisis on the stock market on the crypto market?
If for example you can't take cash out of an ATM during a crisis, will people take money out of crypto and convert then into fiat or will people with fiat invest in crypto?
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>>3020071
crypto will probably get really popular, especially if people start blaming the banks
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