Go to a party yesterday

>Go to a party yesterday
>Friend of mine has birthday
>Sit down people talk about what they do
>Most of them have incredible boring jobs in my opinion
>Shit with marketing , social "engeneering" etc
>Somehow we start talking about Cryptos
>The one guy who studied binance say its tulip mania
>I counter and say how can a 80 billion dollar undustry be a tulip mania if the ammount of cash circulating is so small it doesnt even represent 30% of the stock volume of Apple?
>LOOK AT THE CHARTS OF NASDAQ BEFORE THE DOTCOM BUBBLE
>The Ditcom bubble had 2 billion volume and everybody from old to young invested their money into fucking companies that had no real value because nobody know what the internet could do
>Lol same with cryptos
>I can actually buy things with cryptos
>Did you ever pay with Cryptos in real life? how can anybod accept crypto if you didnt pay anthing in it? Its only local
>Did you ever pay in chinese Renminbi? No me neither and yet you accept it as real currency despite the fact you can only use it locally
>Starts ranting that people like me will lose all my money and he as an investment adviser has much more knowledge
>mfw

Do you guys have similar Veeky Forums stories

Other urls found in this thread:

smithsonianmag.com/history/there-never-was-real-tulip-fever-180964915/
reddit.com/user/DrewChambersDC
money.cnn.com/2000/11/09/technology/overview/
coinmarketcap.com/
twitter.com/NSFWRedditVideo

Yea kinda, but after mr investment genius finishes his rant I take out my car keys and ask him what kind of automobile he, the educated investor owns.

>mfw not lambo yet
>mfw my car is a 30y old Honda civic

he's right tho.

He's right though.

You might make lots of money obviously but you'll need to time your exit well.

I tell all my normie friends that crypto is a bubble.
Fuck normies.

Well, he is right. It is a lot like the dotcom bubble. Many, if not most of the coins that people are putting money into are useless shitcoins without any working product and no realistic future prospects. But just like with some of the companies of the dotcom bubble, many cryptos will emerge absolutely triumphant from the bloodbath that is about to ensue.

I bought a VPN with my NAV coin

Crypto made me the man I am today

People have been screaming crypto is in a bubble since 2011. Saying it now is not any more true then saying it back then.

>2 retards can predict future

One of you will be right