Dear #cryptocurrency Investors — All BAD Things Must Come To An End
▻https://hackernoon.com/dear-cryptocurrency-investors-all-bad-things-must-come-to-an-end-aa836ce
Dear Cryptocurrency Investors — All BAD Things Must Come To An EndI remember back in the 1990s when any company that had a dot-com associated with its name had their stock sore to new all-time highs. Valuations were absurd, but it made no difference, people were buying just off hype and the possibilities of what the adoption of the internet could bring to society.However, the hype could not last forever, in March of 2000 I was working on the equity options floor of the Pacific Stock Exchange, when out of nowhere the tech boom unexpectedly came to an end.An unprecedented amount of dot-com companies had burned through all their money and stocks started to plummet.Suddenly, internet companies had nowhere to run, anyone and everyone with a dot-com after their name had their stock sink to (...)