Those with more experience - have you ever seen anything like crypto in the past? Something so ubiquitously talked about, and so many people have made so much money? I know there’s been bubbles in the past, but this feels more sustained than say tulips. But I’m young so it’s hard to gauge

likefunny
Posting as :
works at
You are currently posting as works at

The tech bubble from 1994-2001 was much bigger, much broader, and crashed spectacularly.

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I agree with MD1. I was in college and had three interviews on Wall Street as a research analyst and they canceled all hiring when the crash happened. Also I worked for IBM GBS when I got out of grad school in 2006. And I had an older coworker that was with PWC before IBM bought them…and he would tell some wild stories of consulting in the late 90’s to the banks.

Tulip bulbs were hot for a while in Denmark.

likefunny

Pretty sure they were popular beyond the Netherlands, but NL was where the biggest markets were

Tulips

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/endthread

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The most dangerous thing you can say is, " This time it's different." Of course all bubbles have in common is that it doesn't feel like a bubble until it bursts.

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Beanie babies

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isnt there a new documentary in HBO about beannie babies?

This is my 4th cycle 🎉

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Just learn to farm. I collect 15k last month and am on pace to collect more this month. This has some risk but it’s way less than trading.

Post Photo
funny

Social media means people can talk about their successes and have it seen by more people.

Cryptocurrencies don't have any inherent value so there are losers on the other ends of lots of those trades. They just don't talk about them.

Yes. Property in Second Life

Beanie Babies

Dotcom circa 1994-2002. 95% of a companies were worthless yet the stocks were only capable of going north.

Sound familiar?

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