Today's Superbowl ads sound a bit familiar
Posted Feb 14, 2022, 6:48 AM UTC
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Less than a year later, ETrade ran an ad during Super Bowl XXXV mocking the glut of dot-com commercials during the previous game. The ad featured the chimpanzee from ETrade's 2000 commercial wandering through a ghost town filled with the remains of fictional dot-com companies, including a direct reference to the already-defunct Pets.com's sock puppet. During the game that year, only three dot-com companies ran advertisements.[2]
Can't wait for crypto-mocking to become more en vogue. That one TurboTax commercial (with the "I'm a millionaire!... I'm not a millionaire" guy who needed help with his taxes) was a nice refresher
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Tbh I've expected crypto would pump when I woke up but nothing happened
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The world is holding their breath because of Ukraine, coiners and the butthurt alike.
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Conflict in Ukraine threatens a decentralized store of value equivalent to digital gold???
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Bitcoin: It's a hedge against the market like gold and is a store of value!
Also bitcoin: The price moves with the market!
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So many features!!
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Yaaaa no. You can't tell what makes the price move or not.
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It’s almost as if it’s a mix of irrationality and market manipulation
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yup lots of people make that mistake that u/svencan did. they look at the price first then they look around the news (and always of course their own personal news diet, which they curate on the internet as everyone does now) and then they pick what they feel like made the price do that thing.
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It pumped like a week ago in anticipation for the Superbowl ads.
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Premature pump
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Priced in
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This is all noise. Pay attention to the signal
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There is a little difference.
This time they paid 100x the amount
Edit : conclusion. Today crypto company's have much more money then "companies" back in the dotcom bubble.
Are we after all those years really still in a bubble or did this industry mature and have some use cases and won't disappear anymore?
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I wonder. Did they paid those ads with crypto? 🤔
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USD^^t
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I hear Larry David demands to be paid in doge coin these days
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L. O. L.
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Between the crypto ads and the (awesome) 1999-2001ish halftime show, last night made me wonder whether I fell into an enchanted sleep in late 2000 and my brain was just making the musicians look older and replacing the dot-com ads with something even more confusing.
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There are more similarities. The Rams won both games, each time scoring 23 points. They have only won the Super Bowl twice, in these two games.
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Thanks for pointing that out, hadn’t made the connection.
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Also both games ended on a defensive stop.
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in 20 years time the rams are gonna orchestrate another tech sector bubble so they can win another super bowl
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explain to a non american what comes next
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As a question to answer your question, when was the last time you visited pets.com?
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Didn't even know there is a website out there called pets.com
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was
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I get it
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Tbf, Chewy.com is like the same thing and successful now.
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It redirects to Petsmart.com now. I don't think that business is in any way related to the old Pets.com, they probably just bought the domain name.
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Most of those dot com companies that were advertising aren't around any more.
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I see, no more coinbase
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Remember when big crypto publicity stunts were billed as "Crypto's coming out party" by the press instead of them comparing it to the dotcom bubble?
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This is good for Bitcoin.
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I mean, there was a meaningful and useful technology behind the dot com bubble that ultimately changed society, in this case its all the hype and overinflated expectations of that bubble, but with a much less useful technology behind it. (what's useful isn't new, and what's new isn't useful in most blockchain cases)
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just saw the price of bitcoin, it wasn't affected by the superbowl at sll
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#pets.com
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.com is still used everyday
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loool. just in case you aren’t joking
https://money.cnn.com/galleries/2010/technology/1003/gallery.dot_com_busts/
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We're communicating on the internet now.. those websites are applications of the technology...
Those companies became the Amazon's apple Google Netflix Facebook etc
I know you think buttcoin is a fad, and it might be, but it has certainly had an impact, it's not just a dumb little ponzi thing or whatever
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how did you get any of that from what i said? i just said “pets.com”
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And basically no pump with so much ad spend. Pathetic :D Looks like we are running out of suckers fast.
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😆 🤣 😂 .... I wish I could buy more
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Well this is different, first the Rams won that Super Bowl…
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Internet is still around you clowns ... all those dot com companies became Google apple Netflix Microsoft Amazon
Bitcoin is a base layer for storing and transmitting value .. price doesn't matter its not just about making money.. it is independent of any other financial system and is more decentralized than the other major financial networks
BUT ITS JUST A pONZi!!!! Yeah I know I'm a complete idiot 🤪 🙃 yall are right its straight butt
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Um, but then again the dot com bubble continued after.
I say this because comparing the dot com bubble to crypto means that there are cryptos that will prevail and skyrocket. Amazon, eBay, Shutterfly, etc all made it through, if you compare that to crypto, where people know most crypto currencies are scams, there still will be a couple currencies to prevail and sky rocket.
You idiots think comparing crypto to the dot com bubble is a bad thing and yet it validates the very fact that there will be cryptos to prevail and because the mainstream.
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Only a handful of dotcom era companies survived the crash. In some cases, those companies had good ideas, but there weren't enough people who were willing and able to use their services. For instance, now we have Instacart, but back then we had Webvan. The main difference is at that time we only had primitive ancestors of smartphones, and not everyone was online yet.
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I don't think it's even a controversial statement in crypto circles that most NFTs and shitcoins will definitely not survive the bubble popping, and it's fairly common for crypto people to believe that bitcoin will be dethroned at some point, but for some reason if you talk about this happening in the context of the dotcom bubble they get defensive.
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What I meant tho is comparing it to the dot com bubble means some of these cryptos will come out on top validating crypto currency. Though as we all know most are scams some (if we compare w dot com bubble) will prevail and be worth a fortune.
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But that handful is worth an absolute shit ton now. So my point being yea most were scams but the ones that weren’t were a good mine.
If we’re comparing it to crypto we actually validate that one day some of these coins will sky rocket…
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No, they were not mostly scams. Some were, sure. Some were just overly ambitious for their time, or had poor business strategy, or other boring but important reasons for failure.
On the other hand, all crypto is fundamentally bullshit. The entire concept is flawed. At best, given an intentionally finite number of any given shitcoin, it suffers from the same problems as the old gold/silver/whatever standards. At worst, we have the actual situation - transaction speed sucks, security is a joke, energy usage is obscene, fraud is rampant, and all of these problems are difficult to impossible to solve. It's a crapass solution to a problem that only exists in the minds of anarcho-capitalists, and it can't even solve that imaginary problem.
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Not scams literally, just extremely poor investments. This is semantics at this point since you’re the one who said most dot coms did not do well, I am here to share true, but those that thrived, thrived immensely.
So to compare crypto to the dot com bubble would be to actually validate that there is a crypto currency that will prevail after others fail.
I think you proved my point in your response. They are not one in the same…
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“This time it’s not a bubble, and either way look at how much Amazon is worth now!”
Crypto is going to zero, Amazon having real usecase with real profits and intrinsic value.
People thought back in the days „selling books online“ is a crazy business idea
No one thought it was crazy, what happened was that Amazon realized how easily they could go from being a marketplace for books to being a marketplace for everything. They became a better executed eBay and continued to reinvest the capital (as well as raised a ton of new capital) into new ideas to the point that Amazon has gotten its hands into countless different businesses.
And in particular, the subset of "everything" that's most profitable for Amazon to sell is renting computer time through AWS. If you expand into everything, then something's going to print money eventually.
No they didn't.
“I’m going to go do this crazy thing. I’m going to start this company selling books online.”
- Jeff Bezos 2001
2001 is when he gave the interview. He started amazon.com in 1994, which is very early in the history of the web, when nobody knew if there was really going to be money in it.
Which doesn't relate to Bitcoin at all. The early web was potentially very useful, but not many people were using it. Bitcoin has no use at all and can't expand as the network is long since maxed out, but has a stupidly high price as its in a speculative bubble.
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It was way past selling books by the time that the bubble popped, here's a clip of how far it went a year before. As a bonus, here's my favorite clip of Jeff Bezos during this period, hugging a giant Pikachu plushie while trying to sell you pokemon merch.
You weren’t even alive then, let alone paying attention to the zeitgeist.