How many times I have heard over the past decades on how this or that stock or investment is going to crash and that everybody involved will get their comeuppance?
Many times as a matter of fact.
I wonder how those who bailed on Apple in the mid 1990s feel?
Depends on when they bailed. :^) Apple is not a stock for buy-and-holders, in fact, I'm not sure there are any like that. It's $47.49 off its 52 week high, and probably has some more to go before it bottoms and heads higher, again.
Stocks in companies are at least nominally something. Yes, an investor can lose their whole investment. But what they invest in should at least have a pretense for producing some good or service so that they hope to receive a return ...otherwise the SEC should probably get interested. BitCoin is just asserting that it has value and getting enough folks to buy into the scheme. It was bad enough when governments did that. It was bad enough when it was just vaporware for the Amigas or NeXT. This is over the top.
Are there any mutual funds out there dealing exclusively in block chain-driven investments? I’d like to see what a block chain-driven investment performance index looks like.