Quote:
Originally Posted by dino7c
just a reminder the demise of crypto has been predicted about 30x in this thread now
$1300 peak bubble
The entire market is RED right now...could be for a while
high inflation and no money to be made in the market, what to do?
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As this threads official cranky old bastard I should remind you that the Beenie Baby investing craze started in 1992 and crashed utterly in 1999, that's around 2 years longer than this thread has been around and is typical for a bubble to start, grow and then crash.
I don't know if this is the begining of the end for crypto but if it is the timing is pretty much in line with every other bubble we have seen and we will look back on it and think 'yep, about a ten year lifespan with a peak frenzy of 3 or 4 years followed by a terminal crash'