i also heard they are superbeings who buy only winning lottery tickets...
Microsoft has 7.9B outstanding shares
every $1 dip wipes out $7.9B in market value in no time
52 weeks range $40-$56 = $126B change in market cap
and thats only 1 company
compare to $3.4B - peanuts. can be wiped out overnight
and the story wont even be picked up by WSJ...
lets be honest - its a gamble. there's no any fundamentals or book value in "chips".
it's gamble as much as stock exchange or any other investment instrument on this earth.. How do you decide prices in this world? prices are all speculated and not reflecting the real value. Price of gold, price of oil, price of houses, price of car, price of electronics, prices of food.. which one is reflecting real meta value? tell me please.
If you invest on stocks, bonds, funds, contracts, futures etc.. then what is wrong with domain market? Not much difference than fundamental pricing on this earth.
In fact, real difference than all other investment products, you can buy/sell domains online in the global domain market easily without depending on any currency.. Carry them with you online to anywhere and change them when you need it.
You cant carry your car, house, food.. and trade them.. Stock markets are not safe at the moment.. Gold, oil are dependent on US dollars. what if US dollar sucks? your gold will be sucked up as well. we should be even considering trading domains in bitcoins.. So, you will be completely independent.. There are some countries which have bitcoin cash machines. I believe we will see more of crypto currencies and digital commodities in future will be used and traded globally.