/biz/ - Business & Finance

[Anonymous No.25659741]

Zoomer here, is this what the dotcom bubble was like?

[Anonymous No.25659839]

>>25659741
no

[Anonymous No.25659906]

>>25659741
Much slower and way more people taking out loans to take on huge positions.

[Anonymous No.25659913]

>>25659741
BTC and ETH doing an X3 is nothing if you know what you're doing with shitcoins. You should have been here in the YF craze in July and August. X10 and x100s all around

[Anonymous No.25660005]

Yes. The pets.com shitcoins will die. Link is your generation's Amazon. Hodl w hands of stone and you will be a very rich and mentally unstable human in 5 years

[Anonymous No.25660022]

>>25659741
>ITT: Zoomers who weren't alive for it
No
Everyone and their mother, but literally, was speculating in dotcom. It's why you can't day trade anymore unless you have $25k+.

[Anonymous No.25660094]

Sort of. Keep an eye on TSLA stock for a more accurate idea and multiply it by across, like, 12 more companies. As soon as some really bad news finally comes out on TSLA, it'll collapse as the entire tech stock market did back in 2000.

Crypto's in a bit of a different place. Even if it all collapses, miners will keep on mining and it can all come rising back up again. It'll never be a stable currency, though.

[Anonymous No.25660126]

>>25659741
Hey retard, I hope your little zoom-zoom brain can comprehend the irony in posting this on a message board... on the internet...
Go talk some shit to someone who gives a fuck, I've got money to make and power over a new infrastructure to accrue. Sorry, is the word "infrastructure" to big and complex for you?

Go play Roblox nigger.

[Anonymous No.25660169]

>>25660126
True but rude. This is a board of peace

[Anonymous No.25660174]

>>25660005
sorry. you had 10 years but you fucked around and wound up with a $18 coin.
you're future looks horrible and your going to be forced into the camps before its all over.
terrible outlook

[Anonymous No.25660260]

>>25660174
Quality fud. Hope it works and I can add another 1k stinkies at 12.65

[Anonymous No.25660270]

>>25660126
chill the fuck out. perhaps you need to go and play roblox

[Anonymous No.25660293]

Still trying to stay alive with fucking shit tokens trading? Lol, reckted with new base protocol, go hoome idiots

[Anonymous No.25660396]

>>25659741
No its not the same and your fucking Tulip idea is fud as well.

>>25660094
Here is the Tesla meme

[Anonymous No.25660417]

imagine being retard enough to call bubble a 1T$ market lol

[Anonymous No.25660508]

>>25660022
>Everyone and their mother, but literally, was speculating in dotcom.
so... regular people used to attend the stock exchange?
also nice triple dubs

[Anonymous No.25660767]

>>25660508
I think a lot like now, there were tonnes of normies who wanted to get in on the action but were too hopeless to do their own research

So an overnighy brokerage industry sprang up to 'help' those people get into the market

[Anonymous No.25660924]

>>25659741
You have to go back.

[Anonymous No.25661121]

>>25659741
No.

These are old projects pumping violently. This isn't IPOs drawn up on napkins reaching multimillion dollar valuations.

There is almost no venture capital involved. Main Street is still scared of crypto. Institutional money has bought in and now this is just a shell game played by whales and exchanges to see how high they can wash BTC (and how much BTC they can get for swapping you their useless alt stacks from years ago) before the institutional money starts exiting. When that happens, they will exit too and convert to fiat until the music stops.

Dotcom was nothing like this. It was scammy but not openly so.

[Anonymous No.25661568]

>>25659913
Those were fun times, almost went insane from trying to predict the rug pulls before they took everything you had. Made good money though

[Anonymous No.25662252]

>>25660005
holy cope. link is closer to enron if anything. obviously doesn't map perfectly, but sergey is basically the chink executive who got away midflight

[Anonymous No.25662312]

>>25659913
I went from 300 bucks to 30 BTC to less than 25 dollars in my portfolio.
Got too greedy and got burned

[Anonymous No.25662588]

>>25660126
Lmfao this board has been fucking awesome lately

[Anonymous No.25662653]

>>25659741
dotcom was 6T, crypto just hit 1T. dotcom was also before QE to infinity

[Anonymous No.25663333]

>>25661121
lmao youre retarded. BTC is a hedge against the fiat system. big money won't exit.

[Anonymous No.25663411]

>>25662312
How do you screw up so bad?

[Anonymous No.25663538]

>>25660126
>>Go play Roblox nigger.
fuckin destroyed lmoa

[Anonymous No.25663641]

>>25660270
Have you ever played Roblox? My kids always steal my phone to play it. It’s like the dumbest shit I’ve seen. Melts my fucking battery too.

[Anonymous No.25663717]

>>25659741
No, buying eth at $12 5 years ago is.

[Anonymous No.25663727]

>>25663333
No you’re retarded!

No actually I agree with you on this.

[Anonymous No.25663788]

>>25663411
Scam.
You would give your money to the company and they would trade your crypto and you would share the profits 60/40. It worked for a year and then the company got sold and the new owner just exit scammed everybody and fled to Paraguay.

[Anonymous No.25663879]

No, but it is playing out like the 2016/17 crash cycle.

[Anonymous No.25664622]

>>25660126
thanks just bought 100k

[Anonymous No.25664753]

>>25663788
Give me his address in Paraguay and a wallet to deposit into.

[Anonymous No.25664927]

>>25660508
We used this thing called the internet

[Anonymous No.25664941]

>>25664753
No idea. People have tried to kill him before he is surrounded by ex special forces security.
A drug dealer gunned down his former associate last year and some people invaded his office and stole even the door frames.

[Anonymous No.25665062]

>>25660126
Topkek. OP, how does it feel having this anon shit all over you?

[Anonymous No.25665101]

bitcoin is undervalued, it should around 90k according to my conservative estimates

people are going to be jumping off of buildings once they realize the mistake they made not buying bitcoin

I will open a food bank in your name using 0.1% of my wealth

[Anonymous No.25665118]

>>25659741
https://vocaroo.com/13DROe1uuJli

[Anonymous No.25665176]

>>25661121
This, I could've put it in the previous post but whatever.
Real bubbles that fuck your shit up are absurdly big and ridiculous. And if you think crypto falls into those categories you have no idea how bad things can actually get.
Think of the most obnoxious exuberance you've ever seen on this board. Now square it and see it everywhere in the world, not only on 4chan or investing circles.
When grandmothers are asking how to buy in is not the peak of the bubble. It's when grandmothers who've never seen a financial market in their entire lives already bought with vast chunks of their savings and are certain that the economy is fundamentally different now and everyone will get rich. It's when prices cease to matter and no one thinks corrections are even possible. It's when conservative investors are risking it all, selling houses, taking HELOCs, cashing 401Ks, college savings, the whole nine. It's when institutions are doing the same things. When the market is completely devoid of bears, we will know bubbles.

[Anonymous No.25665268]

>>25659741
No, because facts are too hard to swallow

[Anonymous No.25665273]

>>25659741
No, different set of circumstances

[Anonymous No.25665322]

>>25660126

[Anonymous No.25665323]

>>25664941
>stole even the door frames.
based

[Anonymous No.25665350]

>>25659741
>dotcom
>bubble
>tech
>bubble
>btc
>bubble
paper hands

[Anonymous No.25665361]

>>25665176
>When the market is completely devoid of bears, we will know bubbles.

So basically never. Look in the mirror.

[Anonymous No.25665370]

>>25664941
>and stole even the door frames.

Never forget where you came from

[Anonymous No.25665472]

>>25665370
>>25665323
Some people sold their cars and their houses anons.. this company was actually legit before being sold. I would do the same desu

[Anonymous No.25665488]

>>25665361
Schiff and other permabears don't count

[Anonymous No.25665501]

>>25659741
no this is way fucking worse of a bubble than that

[Anonymous No.25665923]

>>25659741
I was the CEO of a porn site when the bubble burst. We were glued to FuckedCompany.com and laughing our ass off every time a dot com started laying off. We'd go out to some incredible launch parties almost every night and everyone thought they were geniuses. One party gave away a Porsche Boxter as a door prize. Being a porn site my crew was kinda just tolerated but we also threw some cool parties with all the dot com rabble. But our company was actually profitable. We had huge traffic and almost no overhead and sold merchandise and gave all the porn away for free. But goddamn it was funny when everyone crashed down to earth and started throwing Pink Slip Parties to cope with the pain.

[Anonymous No.25666011]

>>25665488

[Anonymous No.25666585]

The next bubble will be similar to the dot com bubble, not this one. The technology isn't fully developed yet.

[Anonymous No.25666753]

>>25660396
Will correct whenever Toyota finally releases an EV.

[Anonymous No.25667392]

No. The dotcom bubble was something else that most of us under 30 don't even understand yet. I do think we are on our way there though.

[Anonymous No.25667410]

>>25659741
not even close

[Anonymous No.25667491]

>>25667392
boomers had no idea what the interest was at the time; complete mania

[Anonymous No.25667537]

>>25667491
>*internet
t. 80's kid

[Anonymous No.25667543]

>>25660396
How many will rope when the Tesla bubble pops?

[Anonymous No.25667600]

>dotcom was a bubble
>internet still exists

more fake history from the satanic pedo elite

[Anonymous No.25667666]

>>25667491
There will be tremendous growth for certain companies and cryptos (blockchain in general) soon. The seeds were sewn in the dotcom bubble and they are finally ready to be harvested. We will see something like the roaring 20's when the full power of electricity and the internal combustion engine was being realized.

[Anonymous No.25667681]

>>25667543
when the tesla bubble pops, they will be all over crypto. Suddenly our 1T mcap will become 2T in a space of a few months.

[Anonymous No.25667716]

Not even close. It was very slow.

[Anonymous No.25667786]

>>25667666
trips don't lie

[Anonymous No.25667892]

>>25667543
>>25667681
It wont pop. Tesla bears get the rope every single time. You don't seem to understand how far ahead of the competition they are in almost every single important innovative technology of the 21st century. Tesla will become the most valuable company, they do not have any competition. Their peers will be left dumbfounded by the time they realize what the hell is going on.

[Will Megenney No.25668227]

>>25659741

Yup and if I am correct about Tethergeddon get ready for the Great Crypto crash. If I am wrong and Tether survives get ready to go to Mars.

[Anonymous No.25668532]

>>25665923
>O of a porn site when the bubble burst. We were glued to FuckedCompany.com and laughing our ass off every time a dot com started laying off. We'd go out to some incredible launch parties almost every night and everyone thought they were geniuses. One party gave away a Porsche Boxter as a door prize. Being a porn site my crew was kinda just tolerated but we also threw some cool parties with all the dot com rabble. But our company was actually profitable. We had huge traffic and almost no overhead and sold merchandise and gave all the porn away for free. But goddamn it was funny when everyone crashed down to earth and started throwing Pink Slip Parties to cope with the pain.
Sorry but I want to be opportunistic with ssomeone of your knowledge. What's your stance on the crypto space?

[Anonymous No.25668553]

>>25659741
this is like 5000x more maniac than the dot com.

[Anonymous No.25668765]

>>25667892
>You don't seem to understand how far ahead of the competition they are in almost every single important innovative technology of the 21st century.
Other car makers are able to keep bumpers from falling off. Tesla hasn't had to compete with the generation of electric vehicles other manufacturers are lining up right now.
Their battery tech is great, and their motors are great, but their build quality and customer service are shit tier.

[Anonymous No.25668946]

>>25660126
ngmi

[Anonymous No.25668953]

>>25667666
Checked and terrified of distopian hellscape if the digits are true

[Anonymous No.25669033]

>>25659913
That's when I first found biz kek
I was a pussy though and only tripled my money. If I was more aggressive I would be rich but oh well, at least I didn't lose all my money

[Anonymous No.25669040]

>>25660174
>sorry. you had 10 years but you fucked around and wound up with a $18 coin.
you're future looks horrible and your going to be forced into the camps before its all over.
>terrible outlook

[Anonymous No.25669044]

>>25659741
Yes, zoomer, don’t buy in now or you will hurt your soft, little self, and if you wait you can buy back in later.

[Anonymous No.25669473]

I was born in 84, so the dot com thing imploded around the time I was 16. It was not the same, because the Internet wasn't the same. I used the internet to chat to people on music sharing stuff (called napster then there was another one later on that took over, forgot the name). it wasn't an all consuming thing where everyone had fbook. some people didn't even notice it happened, only ppl really invested in it (almost no one) got fucked. Nortel used to operate in my town and got pretty much shuttered after that, causing my Dad to be unemployed briefly.

I remember my grandfather also had millions in stock but didn't sell and lost most of it. people didn't "buy low and sell high", they mostly bought to hold. no one knew what was going on with tech, there was a lot of "new normal" type stuff which would all be seen as immediate bear flags today, but which were really just not grasped by joe public.

as i said, it didn't affect that many people.
what happens with crypto now won't affect too many people either, you guys are basically dotcom 2.0: going to get raped, no one will care, everyone will resent you and in 20 years, everyone will use [a new] crypto (if it unfolds the same way the tech booblay did)
t. ontarian

[Anonymous No.25669493]

>>25659741
No

[Anonymous No.25669732]

>>25669473
>you guys are basically dotcom 2.0: going to get raped, no one will care, everyone will resent you and in 20 years, everyone will use [a new] crypto
This

[Anonymous No.25669802]

>>25667892
Self driving cars are still decades away, their battery tech is good but they aren't the only ones working on that stuff. If flow batteries catch on it will invalidate every non transportation use of Tesla's Li Ion batteries.

[Anonymous No.25669866]

>>25659741
No, Tesla Uber and the rest of them are what dotcom bubble was like. Literally exact same thing playing out again

[Anonymous No.25670073]

Not at all.com

[Anonymous No.25670304]

>>25660126
>>25664927
>>25666011
best thread ive seen in a while

>>25669473
based and kazaa'ed

[Anonymous No.25670511]

>>25660022
checked but is this seriously why the $25k daytrade law exists?

[Anonymous No.25670587]

>>25669802
Autonomous taxi services will be up and running next year. Tesla has over 15B miles of real world driving data, the closest to them is google with 4.5M. It will collapse the price of transportation of people and goods.

>>25668765
Manufacturing is definitely their greatest hurdle but I don't think its insurmountable. All of their efforts are focused on a single target unlike "legacy" automakers, who are in for a rude awakening.

[Anonymous No.25670763]

>>25664941
Where are you from, shitskin?

[Anonymous No.25670851]

>>25659913
I've literally only ever been burned by altcoin PNDs. Fuck that shit.

[Anonymous No.25671066]

>>25669473
This. I remember the dotcom bubble and they're are definite parallels with crypto. Amazon and Google weren't obvious successes the way that are now, they were just one in their respective fields (e-commerce and search) amongst dozens of others, some of which were actually better at the time. No doubt crypto is the future, but which coins are going to dominate is anyone's guess. Anyone that claims they know otherwise it's full of shit.

[Anonymous No.25671243]

>>25666011
Holy shit, Peter is at the same time so fucking retarded and so incredibly based.

[Anonymous No.25671451]

>>25660126
ouch

[Anonymous No.25671455]

>>25660094

Teslas collapse will collapse the Chinese EV bubble and some other meme stocks with retarded valuations.
It wont crash the tech sector.

[Anonymous No.25671510]

>>25671066
>he thinks some shitcoin will dominate

the top companies today were dominant in their respective areas when they started.

[Anonymous No.25671517]

>>25667543
A lot, these people are fucking retarded. This shit is a bigger bubble than bitcoin.

[Anonymous No.25671670]

>>25667892

it doesnt matter if they are ahead of the competition, its priced in.
Show me your calculations and your assumptions for when their valuation will make sense.
Ive tried doing calculations yesterday and even if you look into 2025 and assume 1.5M cars the price is still completely retarded.
The stock needs to trade flat for ten years or something which of course it wont, it will crash.

[Anonymous No.25671817]

>>25671510

no they werent. people were betting big on Yahoo and AOL the same way people are betting on Tesla now. both of these got obliterated.
Google was not the obvious pick and Ericsson was the name for phones, not Apple. Stop talking out of your ass.

[Anonymous No.25671831]

>>25669473
This desu.

[Anonymous No.25671855]

the bants in this thread are top notch.
I was only born in '88 so I didn't experience that shit.

[Anonymous No.25671898]

>>25670763
Brasil. I'm white and blue eyed just poor

[Anonymous No.25671959]

>>25671898
fucking pavement ape

[Anonymous No.25671966]

>>25671066
Google was obvious, amazon(it was a book store) maybe a it more obscure at the beginning, but later it became obvious

[Anonymous No.25671996]

>>25671898
Nigger

[Anonymous No.25672025]

>>25671898
sure you are nigger

[Anonymous No.25672751]

>>25672025
>>25671996
>>25671959

[Anonymous No.25672866]

>>25670587
>Autonomous taxi services will be up and running next year.
Dumbest fucking shit I've read on this board for a long time. I've actually driven a Tesla and "Autopilot" is nothing more than lane assist with adaptive cruise control, it's light years away from self-driving.

[Anonymous No.25673852]

>>25671510
kek Apple was almost broke and they're the most valuable company in the world today. Amazon and Netflix didn't dominate anything early on. Microsoft is the only company dominating today that was dominating 20 years ago.

[Anonymous No.25673899]

>>25660094
Crypto has crashed so many times that triggering the next crash becomes more and more difficult

[Anonymous No.25674256]

>>25672751
Based southern cone chad.

[Anonymous No.25674723]

>>25674256
Near the border with Uruguay :)

[Anonymous No.25674888]

>>25662312
10 meals? bruh

[Anonymous No.25675115]

>>25671898
nigger

[Anonymous No.25675277]

>>25671670
Sure some of it is priced in, but there's plenty of growth that isn't. Which calculations did you mean? The driving data numbers are form Teslas and Googles own releases. Although I may have underestimated their competitions total mileage Tesla is still magnitudes larger.
This article is more than a year old.
https://www.cio.com/article/3433931/tesla-the-data-company.html

>>25672866
Kek. I don't understand a lot of people on this board.
https://www.youtube.com/watch?v=XPrsRM2cxGs&ab_channel=WholeMarsCatalog
Just buy some puts bro, make sure to get some $ROPE while you're at it.

[Anonymous No.25675310]

>>25660094
if tsla crashes, its taking the entire market with it. It will be a total disaster.
>If

[Anonymous No.25675333]

>>25659741
Yes

[Anonymous No.25675687]

>>25675310
It won't. People have been saying this since it went public. I don't understand where these Tesla bears keep coming from. Is a new one born every time one gets their shorts liquidated or their puts expire worthless?

[Anonymous No.25675710]

>>25671510
>the top companies today were dominant in their respective areas when they started.
No. Obviously you weren't there and don't know what you're talking about. The big players were the likes of aol, yahoo, excite, myspace, livejournal...

[Anonymous No.25675775]

>>25663788
so you didn't have 30 btc then, you just had these scammers telling you you had 30 btc

[Anonymous No.25676021]

>>25659741
> it’s muh tulips all over again

[Anonymous No.25676166]

>>25671966
Amazon was pretty obvious too actually. To young folks at least. Tbh, if you want to know what to buy, just look at what the kids love

[Anonymous No.25676208]

>>25675775
I deposited 30 BTCs I'm not counting the "profit" they claimed they got with my money

[Anonymous No.25676277]

>>25667892

t. Future Bag Holder

[Anonymous No.25676447]

>>25659741
your mom is a dot com bubble

[Anonymous No.25676653]

>>25664941
This needs it's own thread. this sounds epic

[Anonymous No.25676798]

what is with all the cringe reddit posts in this thread by self congratulatory anons who think they are cool

jesus christ

[Anonymous No.25676943]

>>25669473
Shut the fuck up boomer

[Anonymous No.25676980]

>>25659741
dotcom bubble didn't take place after a bunch of money was printed

[Anonymous No.25677026]

>>25662312
>I went from 300 bucks to 30 BTC to less than 25 dollars in my portfolio.
>Got too greedy and got burned
I went from $100 to 10 eth and now ive got 1eth

Hold me bruh

[Anonymous No.25677110]

>>25676277
Just buy some puts Anon.

[Anonymous No.25677817]

>>25659741
same charts. different circumstances. defi is a whole other beast altogether which is why i'm banking on dia to actually do something

[Anonymous No.25678205]

>>25671066
You ever seen that Adam Sandler movie "big daddy"? I remember seeing it in the theater. Googled payed to have Sandler ask questions and for his wife to yell back "just google it!" It happened like three times in the movie. First time I ever heard the phrase. They had smart people.

[Anonymous No.25678364]

ITT
>Retarded Bobos

[Anonymous No.25678565]

>>25672751
Shut up snow nigger