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Polybius

(22,193 posts)

36. 9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero

Reply to paulkienitz (Reply #10)

Fri Jun 5, 2026, 05:19 AM

19 hrs ago

While it goes up and down, it's still over $60k.

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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all] paulkienitz Thursday OP

Sold my last 3 stocks. Moved money to a multigraincracker Thursday #1

You may be right edhopper Thursday #2

If the Democrats win back Congress this fall I predict a stock market correction. yardwork Thursday #4

Trump will still be President edhopper Thursday #22

There are no crashes anymore. Market is rigged and irrational GreatGazoo Thursday #3

That kind of rigging can't hold forever paulkienitz Thursday #11

and yet here we are GreatGazoo Thursday #15

Something I think a lot of folks are missing are structural changes in the market. Happy Hoosier 12 hrs ago #43

Have had similar thoughts GreatGazoo 12 hrs ago #44

Yeah, lots of folks specualte about that kind of stuff... Happy Hoosier 12 hrs ago #45

The issue is how many times have we been told to leave the market? Melon Thursday #5

Yeah, that's where I am ITAL Thursday #8

It took six years to recover edhopper Thursday #23

Six years isn't that long for me ITAL Thursday #24

Or get out now and edhopper Thursday #28

Preferably you are cost averaging. Melon Thursday #32

There are other investments edhopper Thursday #33

If you took your money out in 2007 edhopper 13 hrs ago #40

No it's not "just as risky". paulkienitz Thursday #9

Ill gotten ponzy...huh? You mean investment returns. Melon Thursday #21

"others success"? There is no success to profit from in AI. paulkienitz Thursday #25

Go read what Sam Altman is saying. Uber and Melon Thursday #31

That math doesn't math -- companies will not pay enough. paulkienitz 19 hrs ago #34

WSJ and Gallup did a story looking at how Democrat voters are losing money GreatGazoo Thursday #16

"Democratic." The adjective form is "Democratic." ColoringFool Thursday #17

I could have put a hyphen in there but noun GreatGazoo Thursday #20

No Johnny2X2X Thursday #6

I've heard that song before. paulkienitz Thursday #10

We've been waiting decades for a bubble Johnny2X2X Thursday #12

Index funds are like 50% AI bubble now. paulkienitz Thursday #14

9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero Polybius 19 hrs ago #36

Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable. paulkienitz 19 hrs ago #37

People are predicting the market is holding on Johonny Thursday #7

I turned some investments into a newer and larger house CanonRay Thursday #13

I'll just keep my NVIDIA,TYVM. ColoringFool Thursday #18

Jensen Huang is pulling sooo many circular-financing fast ones... paulkienitz Thursday #19

Heard the same shit from Thom Hartmann a few years back Ziggy Beans Thursday #26

That same lie was told before the last two crashes. paulkienitz Thursday #29

imho Fat gains should be pruned. Rotation is underway. bucolic_frolic Thursday #27

Simple.... multigraincracker Thursday #30

More apropos to the current situation, index funds do the opposite. paulkienitz 18 hrs ago #38

I think that's a terrible prediction Polybius 19 hrs ago #35

"doesnt crash anymore" paulkienitz 18 hrs ago #39

Lol imagine taking investment advive from a panicked, anonymous internet poster. BannonsLiver 13 hrs ago #41

I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room. paulkienitz 1 hr ago #47

Or not Happy Hoosier 13 hrs ago #42

I have no intention of trying to call tops and bottoms. I just want to avoid big crashes. paulkienitz 1 hr ago #46