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A toy with a 1.4 bn market cap. Of course no one - including you - will remember your prophecy come August, but I am pretty sure you are wrong. Why? Because hi
by iSnow 14y ago
A toy with a 1.4 bn market cap.
Of course no one - including you - will remember your prophecy come August, but I am pretty sure you are wrong. Why? Because history does not repeat itself, esp. not when it comes to speculation.
- pmelendez 14y ago"Because history does not repeat itself" Sorry but human history is full of cycles and mistakes repeated over and over. Have you ever heard "Humans are the only animals that stumble on the same rock twice" ?
- hodgesmr 14y ago"Because history does not repeat itself, esp. not when it comes to speculation." See every bubble ever.
- EliRivers 14y agoHouse prices seem to bubble and crash over and over.
- matwood 14y agoWhy? Because history does not repeat itself, esp. not when it comes to speculation. Haha, that's funny. See tulips, housing, Iraqi Dinar, CO Silver industry crash, gold in the 80s, the list goes on.
- iSnow 14y agoAll different asset classes. The last gold bubble was in the 80s, 30 years from now.
- illuminate 14y ago"history does not repeat itself" That is quite possibly one of the stupidest statements I've ever read on HN, let alone the wider internet. We don't study history because we seriously think we can avoid making the same mistakes, really. We study history because we need to know what other people are going to get us entangled in because "this time, it's different".