by theluckycountry » Wed 28 Jan 2026, 18:20:59
If you're having a bad day today, just remember someone bought the NTF of the first tweet in history for $2,900,000, and now it's worth $10.
$this->bbcode_second_pass_quote('', 'I')n a memo sent out to staff last month, OpenAI CEO issued a “code red” urging employees to double down on improving the company’s flagship product ChatGPT, as financial pressure loomed and competitors gained ground... the company announced earlier this month that ChatGPT will soon start spamming users with ads.
How long did the dotcom bubble take to play out? About a decade from start to blowoff top. Slightly less with the housing bubble that played out after it. Then the Obama era shale bubble, about 10. EV bubble, 10 years about. And how long here? Well it depends on if you want to add the quantum computer bubble in there but it must be running close to ten years as well, with the action of the last year being the blowoff top, the Nvidea and other techstocks runup. All we need now is the collapse, fast and furious like when all the Battcar players went bankrupt and Tesla and Ford sales went South
Behind the scenes of these bubbles we see what's called general inflation effects, and that's what has pushed things like houses and food up. Houses are not actually all that expensive compared to the bubble top in 2006, it's just people are a lot poorer and interest rates are probably 4% higher.
The median house price in Miami in 2000 was approximately $193,600
The median house price in Miami in 2006 was approximately $382,200
The median house price in Miami in 2026 is approximately $466,837 to $572,304
That's 20 years later. Using the higher figure for 2026 you can see prices haven't even risen 100%, And that's over two decades. The 10 year doubling myth for house prices is gone for good.
Interestingly in those 20 years Gold has risen nearly 900%. Are there any 20 years bubbles in history? None come to my mind.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.