Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
$BTC "Just looked into how the dot-com bubble burst in 2000
A tech company called MicroStrategy changed the way it reported revenue in its financial statements in March 2000,
Profit was suddenly cut significantly, and the stock price dropped 60% in one day, then investors started suspecting that other tech companies might also be cooking their books, and the entire Nasdaq collapsed.
The problem is, the company that’s now accumulating Bitcoin the most aggressively and leveraging to buy more is the same company, with the same CEO.
Is the world so coincidental? The person who personally burst the previous bubble is now standing right in the middle of the next one?
Wait, just one company changing its accounting method, how can it bring down the entire market?
And then something miraculous happened—the investors started scrutinizing the books of other tech companies one by one, and it turned out they all had issues. That’s how the dot-com bubble burst.
But one company having a crisis, what does that have to do with others?
Why does one company’s trouble make everyone think they’re all cooking the books? How did that suspicion spread from one company to an entire industry back then?
And I realized that the one who is now the most aggressive Bitcoin hoarder and leverages to buy the dip, Strategy, is the same company, same CEO Michael Saylor.
He personally triggered the spark that burst the bubble once before, so logically he should know better than anyone how bubbles burst. Why then is he pushing his entire company to the peak of the next bubble?"