The Bitcoin gamblers

The Bitcoin gamblers

"I've made millions on my BitCoin investment!" "Really? Have you sold yet?"

In the lead up to 1929, property prices in the States were skyrocketing. It didn't matter what you bought, you could sell it next week and make a killing. Swamp land in Florida was changing hands at huge profits. Then Bam! The bottom fell out of the market. Wall Street crashed. "Investors" lost fortunes overnight.

Here's the graph -

RealEstate1929 

In the lead up to 2000, so called dot com shares were skyrocketing.   It didn't matter what you bought, you could sell it next week and make a killing. Then Bam! The bottom fell out of the market, Wall Street crashed. "Investors" lost fortunes overnight.

Here's the graph -

DotcomBubble

In the lead up to 2018, the price of BitCoins were skyrocketing.   It didn't matter that you were buying a myth, you could sell it next week and make a killing. Then Bam! The bottom fell out of the market, the price crashed. "Investors" lost fortunes overnight.

Here's the graph -

Bitcoin

Hey! Does anything look famililar?


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