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This probably isn‘t even 1/10 as bad as internet and tech bubble. That had common people throwing their entire 401k into tech stocks. My dad ruined his retirem
by rhino369 9y ago
This probably isn‘t even 1/10 as bad as internet and tech bubble. That had common people throwing their entire 401k into tech stocks.
My dad ruined his retirement fund buying Nextel options that ended up worthless.
Bitcoin is a dumber bubble though.
- Kiro 9y agoI don't think we've seen anything yet. Imagine the crash when Bitcoin is $1M or $10M. I don't see that as an impossibility.
- cableshaft 9y agoThere are people putting their life savings into bitcoin. You'll see those stories pop up from time to time on the bitcoin subreddit. I've only got in it what I can afford to lose, personally, which isn't a whole lot, but it's still some skin in the game, at least.
- kuschku 9y agoSeveral japanese retirement funds announced they’re going all in on Bitcoin, according to what I’ve heard. Even the rumors show that this is going in the same direction.