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It’s a Bubble Part 10: Yes, They Pop

Perhaps I must agree with this one Twitter user as this video is one of the all time great indicators of a speculative top as demonstrated in this video:

Actually as far as a scam coin can drop as the chart today indicates:

I heard the rumors, saw the prices go nuts, and then the stories about it being a “scamcoin” (fraud) and sure enough, they were true, or so it would appear per this story from Gizmodo:

Squid Game Cryptocurrency Scammers Make Off With $2.1 Million

Thus one bubble pops.

But there will be more and the pain is just beginning.

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One Comment

  1. Bustednuckles Bustednuckles 11/01/2021

    I don’t know why but that gave me a warm fuzzy.
    Everybody is looking for a quick buck and not paying attention to that smell of rotten meat permeating the financial world.

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