Digital currency Bitcoin hits new high before losing S$200 in value in one day

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(22-12-2017, 01:58 PM)Wildreamz Wrote: There is something exciting going on, especially in the Blockchain technology field, but you are right, I believe the Crypto space is hugely speculative and overheated.

Sounds familiar?
https://www.cnbc.com/2017/12/21/long-isl...soars.html 
Quote:$24 million iced tea company says it's pivoting to the blockchain, and its stock jumps 200%
  • Farmingdale, New York-based beverage maker Long Island Iced Tea says it's changing its name to "Long Blockchain Corp." as it shifts its focus to investing in the technology behind bitcoin.
  • Shares soar 200 in the open percent, although the company says it's only in the "preliminary stages" of evaluating potential business opportunities in blockchain.
  • The company said it's still going to make iced tea and other juice beverages. As of Wednesday, it had a market value of just $23.8 million.

back in 2000 dotcom era in SG, there were companies like this too. PanPacMedia.net (book publishing) , Aussino.com (bedsheets) , ione.net (internet terminal(?)), etc 

millenials were like 11-12 years old...
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Messages In This Thread
Just Be Careful - by Retired@52 - 10-02-2015, 10:23 PM
Bitcoin - by Retired@52 - 10-02-2015, 10:30 PM
RE: Digital currency Bitcoin hits new high before losing S$200 in value in one day - by opmi - 22-12-2017, 03:30 PM
RE: Blockchain - by Wildreamz - 26-07-2021, 03:24 PM
RE: Blockchain - by Wildreamz - 27-07-2021, 12:05 PM
RE: Berkshire Hathaway - by specuvestor - 12-05-2022, 12:23 PM

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