Nortel Market Cap Peak per year, in $USD Billions:
1997: $16
1998: $22
1999: $105
2000: $283
2001: $56
2002: $26
The dot com bubble produced insane valuations around the turn of the century. The run-up to the collapse was breathtaking.
1997: $16
1998: $22
1999: $105
2000: $283
2001: $56
2002: $26
The dot com bubble produced insane valuations around the turn of the century. The run-up to the collapse was breathtaking.
I have to laugh about it cuz I can't bear the alternative.
So it wasn't all sunshine and roses.
They would have been worth almost $200,000 at the peak of bitcoin's value, but I don't feel bad about it because there's no way I would have held them until that point. I mined them myself when they were worth like $12 each, and I definitely would have sold them when it hit $100.