
Since they first emerged in 2009 CPM has contended that the private crypto currencies were worthless, empty shells. Seeing them as nothing more than a legal Ponzi scheme, we have predicted that the ‘market’ for cryptos would be littered with scandals and inappropriate losses, ultimately disappearing.
Our view has been and continues to be that the best historical analogy for cryptos was the internet stock boom and bust of the late 1990s. In that earlier delusionary ‘investment’ mania outrageous valuations were given to virtually non-existent companies’ stocks. Three college students literally raised $100 million or more with a five-page ‘business plan’ that was nothing more than a concept, or a pipe dream.
Click Here To Read The Market Alert
Fortune Bay Corp. (TSX-V: FOR) (FWB: 5QN) (OTCQB: FTBYF) is pleas... READ MORE
CanAlaska Uranium Ltd. (TSX-V: CVV) (OTCQX: CVVUF) (FSE: DH7) i... READ MORE
Canstar Resources Inc. (TSX-V: ROX) (OTCID: CSRNF) has closed the... READ MORE
Aldebaran Resources Inc. (TSX-V: ALDE) (OTCQX: ADBRF) is please... READ MORE
New Found Gold Corp. (TSX-V: NFG) (NYSE: NFGC) is pleased to an... READ MORE