22-12-2017, 03:30 PM
(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