We clearly have a few traders whom have missed a lot of opportunity in bitcoin and probably will never bother to understand it...rather take out their frustrations on rage posting and drunk posting...seems to be picking up speed as even more crypto Ethereum and XRP join the up movement and, of course, Dogecoin was just the last straw on their back I guess.
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History repeats: The biggest loser of the dotcom crash
- Thread starter Pekelo
- Start date
We clearly have a few traders whom have missed a lot of opportunity in bitcoin and probably will never bother to understand it...rather take out their frustrations on rage posting and drunk posting...seems to be picking up speed as even more crypto Ethereum and XRP join the up movement and, of course, Dogecoin was just the last straw on their back I guess.
Not sure these companies failure were necessarily a consequence of the dotcom bubble, but rather were absorbed by bigger, better managed players as should be. Could be wrong, though.There are so many,
Sun Micro, Netscape, AOL, Nokia, 3Com/Palm etc. PSI net disappear as I recall.
I'm sure a lot of the new IPOs pushed out over the past year and most of the SPARC will down rather quickly. A lot of frauds. SEC is sleeping. Free market? Sure, let the cheater roam free.
I love the fact that everyone in this thread who shares the sentiment of criticizing MSTR and Saylor never even reached the level of money/mkt cap that Saylor/MSTR has.
Instead they continue to trade with their 10K Etrade account and concern themselves with whether the world is in a bubble. It clearly is, but they are so dumb they don't even realize it.
@Pekelo @DiceAreCast
Instead they continue to trade with their 10K Etrade account and concern themselves with whether the world is in a bubble. It clearly is, but they are so dumb they don't even realize it.
@Pekelo @DiceAreCast
No you are correct.Not sure these companies failure were necessarily a consequence of the dotcom bubble, but rather were absorbed by bigger, better managed players as should be. Could be wrong, though.
Pets.com and a few others were bubble-companies. Actually in the grand scheme of things very few tech bubble public companies have ever existed. It just seems so to many that listen to, and repeat, what the media incorrectly states.
AOL, Nokia, Sun Micro made poor business decisions. Then survival of the fittest took over.
I don’t find history very much interesting. History repeats but I don’t think Michael Saylor learnt anything from the past. If he had, he would not have invested again after being ranked as No. 1 loser in the Tech bubble. No matter whatever books you read, you must learn from that too.