Go to Create Panel -> Systems -> Bones and create a bone chain. Use SplineIKSolver as solver and make sure Assign to Children / Assign to Root is selected.
Create your bonechain by clicking left.
It is important that the bonechain is a precise, even line because it defines the standard-pose. Use snap to grid.
When you complete the chain by clicking the right mouse button a dialog opens. Make sure Auto Create Spline and Create Helpers is active. You also need to check if the checkbox Box under display is active.
After clicking OK, the Spline will be automatically created.
Create a sphere or something you want to have as the base for the system. Make sure your first point of the SplineIK is inside the object you just created. Then link only the first control box of the Spline-IK to the the base which, in this case, is the sphere.
Apply a Flex-Modifier to the Spline and adjust the values.
Good settings to start with are:
Go to Create Panel -> Space Warps -> Forces and create a Gravity Node.
Select your Spline again and in the Rollout Forces and Deflectors add the Gravity node to the list. Adjust the other modifiers.
In the Rollout Advanced Springs on the bottom check Enable Advanced Springs.
On the bottom press Hold Length and set it how you want it. (0 is maximum stretching and 100 is no stretching)
Click Options and click Hold Shape Springs. Tweak the Hold Shape Radius (good radius value might be the Average Edge Length which you can see in the bottom line)
In the Flex Modifier expand the branch and select Edge Vertices. Then select the first vertex in the Spline which is placed inside the base object (Sphere).
Finally you just need to animate the Base (Sphere). Play the animation and see your bones jiggling.