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Leading negative economic indicator: when the articles and threads on HN and 4chan's /biz/ start looking identical. Why not head over to 4chan's biz subboard t
by Ologn 9y ago
Leading negative economic indicator: when the articles and threads on HN and 4chan's /biz/ start looking identical.
Why not head over to 4chan's biz subboard to really get into this topic? The day trading, drop shipping and get rich quick schemes of yesteryear have made way for almost all threads being get rich quick on cryptocoin.
Kids, if you want to understand the 1999 dot com bubble in a modern context, read all the VC blog posts, quotes from interviews etc. about cryptocoins. Then realize they will all be worthless as 1999 e-currencies like Flooz and Beenz are now. VC's puffing up unicorns a little is one thing, this is a pure unbridled scam.
And you're missing the boat because it only goes up up up, right?
- dajohnson89 9y agoI felt the same way about Bitcoin on HN back in 2012 (check my account age).
- richardknop 9y agoBitcoin at least is original and has the digital gold aspect going for it. But all these new ICO tokens are complete copycats with just updated branding.