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Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
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<blockquote data-quote="Dave&#039;s Office" data-source="post: 658398" data-attributes="member: 18484"><p>Years ago I bought shares in a profitable nickel company that had huge reserves and the price of nickel had shot up to over $20,000 a ton and was predicted to reach $50,000 per ton, within 6 months the price of nickel was about $8,000 Pt and falling, the company was bought out and I got about one third of my money back and 12 months later the mine was shut down. Boom And Bust, I might as well had a punt on the neddy's.<img class="smilie smilie--emoji" loading="lazy" alt="🏇" title="Horse racing :horse_racing:" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f3c7.png" data-shortname=":horse_racing:" /></p></blockquote><p></p>
[QUOTE="Dave's Office, post: 658398, member: 18484"] Years ago I bought shares in a profitable nickel company that had huge reserves and the price of nickel had shot up to over $20,000 a ton and was predicted to reach $50,000 per ton, within 6 months the price of nickel was about $8,000 Pt and falling, the company was bought out and I got about one third of my money back and 12 months later the mine was shut down. Boom And Bust, I might as well had a punt on the neddy's.🏇 [/QUOTE]
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General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
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