I'm not talking about the dotcom bubble. I"m talking about these repetitive parabolic rises and crashes Only to continually reach new heights after recovery.
What else in history has gained value and plummeted so violently?
Other urls found in this thread:
thebubblebubble.com
twitter.com
Tulips
ummm..stocks?
the stock market before computers. that shit must have been a clusterfuck
literally everything in history that doesn't die for good?
markets
traders made a ton more money they weren't traded to the nearest penny they were trade in fractions of dollars, look at those wall street movies of the 80's.
Britney Spears
Digits of truth
tulips
Jow Forums memes
Even Sir Isaac Newton lost a £20,000 (equivalent to about £268 million in present day value) fortune in South Sea Company shares, causing him to remark, "I can calculate the movement of the stars, but not the madness of men"
holy fuck 20k back then is worth 268mil now? that's wild
Tulips only did it once. Crypto isn't going anywhere and neither is BTC.
No, thats jewish inflation due to centralized banks debasing the currency
how the fuck would that even work back then?
like who did he plan to sell his "shares" to?
Beanie Babies. Got a whole collection waiting for price to reach > 10% of my initial investment. There was a whole forum based on collecting these and Reddit was delusion as usual. Just wish I kept my fiat.
Why do you say that?
He was planning to bag-dump on average idiots. Stock markets existed back then too you know. They were very new but they existed. South Sea Company was one of the very first stock bubbles.
This picture is underrated af
wHAT is he doing
20 thousand pounds - 10 tons of silver. Now that I think about it, that's fuckin nuts
That's actually how he discovered gravity
Bet he didn't understand the gravity of his situation!!!!!!!!!!!
ha
ha
thanks