I wasnt really old enough to follow what we going on, but I think the .com bubble was like this. “get a website! E-commerce! Unlimited weatlh and beauty” and somehow no one stopped to consider that while E-commerce might be convenient, it wasn’t going ot create much in the way of new markets. And then in 99 everything crashed and the end of history ended for the first time.
They just need a new buzzword to keep tech prices from crashing until they find a new buzzword to keep tech prices from crashing until they find a new buzzword
Look at Nvidia, ridiculous
“AI” has got to be the most transparent grift I can remember
Crypto. Nfts. Ai. The trifecta of absolute bullshit that’s actively made things worse
I wasnt really old enough to follow what we going on, but I think the .com bubble was like this. “get a website! E-commerce! Unlimited weatlh and beauty” and somehow no one stopped to consider that while E-commerce might be convenient, it wasn’t going ot create much in the way of new markets. And then in 99 everything crashed and the end of history ended for the first time.
If anything e-commerce just cannibalized revenue from brick & mortar stores and killed malls. So the tech stocks popped while RIETs got killed
They just need a new buzzword to keep tech prices from crashing until they find a new buzzword to keep tech prices from crashing until they find a new buzzword
Insane what a markov chain can do.
Insane in the Markov chain
and here i thought the smart money would be on shorting it when it was around $900
There are still people saying it could hit $10 trillion market cap, its at 3 right now