Post
Topic
Board Speculation
Re: Don't rely on Venture capital money - these guys don't know what they're doing
by
NotLambchop
on 21/01/2015, 18:10:13 UTC
Never did.  Just pointed out that if (NASDAQ Composite)=(crypto) => (a company listed on NASDAQ, e.g. WorldCom)=(Bitcoin).  Seems self-evident, no?

Right. Only difference between our points of view: the NASDAQ company that is equal to Bitcoin in the analogy could be WorldCom, or it could be Microsoft, Apple or any of the other major players that we take for granted now but that saw huge valuation slumps in the aftermath of the "bubble" pop.

Fun fact:

AAPL fell from ~5$ to ~1$ in the early 2000s. Surely Apple must have been dead back then.


Fun fact 2: Both of those sound like a good entry price now that it's trading at above $100, huh?

This is getting tedious.  AAPL?  You gonna trot out the Bitcoin=internet analogy next?
Yes, Bitcoin could be the next IBM, Apple or even the Easter Bunny.
Fun fact:  I doubt it tho.