Man, I can’t help but think back to the late 90s when the dot-com craze was in full swing. Everyone and their grandma was giving stock tips, and people were throwing their life savings into dot-com stocks hoping to strike it rich. I was new to the scene, but it was wild to see regular folks taking those risks, only for the market to collapse. It was heartbreaking, honestly, even though part of me wanted to say, “I told you so.”
Fast forward to now, and I’m getting the same vibes, especially with all the hype around Bitcoin and crypto. Sure, crypto has compelling use cases, but this kind of euphoria feels eerily familiar. Like, people talking and acting the same way as back then. I really hope history doesn’t repeat itself, but I can’t shake the feeling it might. Anyone else who lived through the dot-com days seeing the parallels?
Nah, not the same at all. Back then, most dot-com companies weren’t making any money. Nowadays, companies are actually pulling in profits to back up their valuations.
Tate said:
Nah, not the same at all. Back then, most dot-com companies weren’t making any money. Nowadays, companies are actually pulling in profits to back up their valuations.
Exactly. If people are so sure this is a bubble, why not short the market and profit? Gotta back up the talk with action.
Tate said:
Nah, not the same at all. Back then, most dot-com companies weren’t making any money. Nowadays, companies are actually pulling in profits to back up their valuations.
True, but look at AI. Companies like MSFT and AAPL are throwing money at it without a clear path to profits. Kinda feels risky, no?
This reminds me of the dot-com days but more because of AI than crypto. Back then, the internet was consumer-focused and created new jobs. AI feels different—it’s more about replacing jobs and cutting costs. That’s scarier, IMO.
It does remind me of the dot-com era, but not exactly. There are similarities, like the hype and risky investments, but it won’t necessarily end the same way. The timing and severity of any downturn are hard to predict, though.
@Jules
It feels like the euphoria is peaking, like it did during the dot-com bubble. The danger is when everyone gets overconfident. But yeah, timing it is impossible.