What Will Stocks Do When “Consensual Hallucination” Ends? by Wolf Richter • Oct 30, 2019 • 147 Comments The phenomenon works – until it doesn’t. What’s astonishing is how long it works.
THE WOLF STREET REPORT: What Will Stocks Do When “Consensual Hallucination” Ends by Wolf Richter • Oct 27, 2019 • 118 Comments What’s astonishing is how long it lasts.
Did Someone Turn Off the Spigot? Global Semiconductor Sales Plunge Most Since the Financial Crisis by Wolf Richter • Apr 30, 2019 • 91 Comments According to chip makers, the plunge isn’t over yet. Now hoping it won’t turn into the mess as in 2001 when the last tech bubble became the dotcom bust.
That Didn’t Last Long: Cboe Bails on Bitcoin Futures Trading by Wolf Richter • Mar 18, 2019 • 47 Comments The incredibly impeccable timing of launching bitcoin futures at the very peak of the bubble.
I Was Asked About J.P. Morgan’s Blockchain-Based “JPM Coin.” I Ruthlessly Expand it to Other Payment Systems by Wolf Richter • Feb 16, 2019 • 74 Comments Are banks trying to send credit-card-processing fee-gougers Visa, MasterCard et al. the way of Friendster?
Bitcoin Plunges to $3,738; Whole Crypto Scam Melts Down, Hedge Funds Stuck by Wolf Richter • Nov 25, 2018 • 201 Comments $714 billion have gone up in smoke.
Crypto-Mania Collapse Update: $638 Billion Gone by Wolf Richter • Sep 9, 2018 • 146 Comments Of the seven biggest, six have plunged by 78% to 92%. And there are now nearly 2,000 of them.
10 Down-to-Earth Things Powell Said about Cryptocurrencies by Wolf Richter • Jul 23, 2018 • 42 Comments Go find someone else to regulate them.
Bitcoin Drops to $5,860, Lowest since October 2017. True Believers with Fake Hopes Got Cleaned Out by Early Movers by Wolf Richter • Jun 24, 2018 • 127 Comments Down 70% from the peak. This is just not fun anymore.
Collapse of Cryptocurrencies in Q1: Even the Biggest Crashed 67% to 88% by Wolf Richter • Apr 1, 2018 • 71 Comments But nothing goes to heck in a straight line.