/biz/ - Business & Finance

>>16390473
>no one uses derivatives

>>15810280
been here since 2015 and made a lot in 2017. kek, you newfags are cute. it's kind of creepy how similar /biz/ is now compared to 2015/2016. people like you were saying the exact same crap, mostly salty bagholders who hodled all the way to the bottom.
i do agree that 2017 won't happen again in the sense that shitcoins/scams won't moon left and right based on nothing. most alts will die out, with the exception of those with real use cases. 800 billion mcap is nothing though, crypto will easily 10x in the coming years.

>>14665267
are we talking about these derivatvs?

Old pic but still relevant

>>7594344
250k is too small. Too much money out there sitting on memes.
>>7594483
Sorry but no, you can still sell your shitcoins and realize why there is no such thing as cryptocurrencies, only Bitcoin.

In light of this trying times in an absolutely justing period of bear market, we post informative images to know there is nothing to fear and as long as we hodl strong we'll make it.

>b-but muh bubble

>>4152077

>>3722329

It continually amazes me just how confused everyone gets around crypto. Being on /biz/, it's EXTREMELY easy to forget that we all know the ins & outs of it. Day trading, alts, shitcoins, conferences, price swings, and all the autistic interplay that goes on in the industry.

You have to remember that 99% of normies have NO. FUCKING. IDEA. What crypto is all about. Seriously, no goddamn clue. Stacies and Chads might have heard of bitcoin by name alone, and never looked up from Twitter and Instagram long enough for their millisecond attention spans to learn more about it. And why would they, our generation (I'm 23, referring to millennials) can't hold on to their money long enough to afford rent and their daily starbucks at the same time. This demographic probably won't even get involved in the space until after the generations before them. That is of course excepting the geeks such as ourselves, of which there is a small, select group that is in stark contrast to the rest of the population. I'm guessing most of the autists on /biz/ are pretty predictably homogeneous in terms of personality and background given the sole fact that we're all on 4chan.

Gen X, there's some interest, but they're too retarded to figure out how crypto is any different from stocks, because they don't understand the technology. Most of the older ones probably barely understood the dot com bubble early on - fat chance they catch on to crypto. The younger ones are in fact taking interest. I've actually started a meetup group in my area for crypto, and the primary people that come are 30-to-50 year olds that have enough experience with investment to be wary of pyramid schemes, but also just enough spark in their eyes to serve as inspiration to look into what could quite possibly be the next big thing. However, they're still not smart enough to go read up on all this stuff in detail on their own. Hence why they come to my meeting and write endless notes while I blabber on about investing.

>>3486724
We don't need to replace fiat you autist. Only 5% of goldbugs diversifying on BTC would make it rise to $25,000+, and this is not considering all the dumb money on useless shit out there.

>>3424116
Try again.

>>3423694
Mass adoption would mean BTC is sitting at millions per coin.

How many people you know that actually owns 1 BTC?

Stop the fucking presses.

>>3405343
It only has begun. When you feel like posting sad pepes, buy the dip.

>>3352865
The real money hasn't even begun yet and I already stacked the obligatory 21 BTC. The fact that we haven't even started going up and 21 BTC is already a pretty harsh price entry to the 1 million club should tell you what's going to happen in 5 to 10 years (hint: I will be rich)

>>2845367
Nice cope. See you at $100000

Wall St shark here hodling a couple millions worth of BTC. Have you heard of this thing?

https://en.wikipedia.org/wiki/Common_Reporting_Standard

It's being implemented starting this year. Basically, all banks will automatically send account information to their holders' respective tax authorities every year. The agreement has been signed by Switzerland, Seychelles, Belize etc. Offshores are over. Now imagine how high the marketcap of BTC will go once everyone with money realizes it's the only way to save your ass.

>>2830965
>btc will not grow a lot more because some jewmedia make some articles
>t. nocoiner

Altcoins General: Saving /biz/ edition.

There's countless shitcoins and shills threads scattered around this board every day, in such a way that's almost impossible to find good discussion, posts or even threads with more than 20 posts. My proposal is that we make a general to discuss every altcoin so that shills, bagholders and God forbid, people actually interested in having quality discussion about the market can gather in just one place.

It's okay to discuss every coin except BTC and ETH here, as I think those two are big enough to hold countless threads on their own.

So anon, what altcoin are you holding? Why do you think it's good? What altcoin are you eyeing right now? Let's share ideas.

>>2813308

>>2809341
It's called exponential growth: your body is not ready.

>>2773332
>21 trillion is a lot!!

Im sorry that you fell for the fiat meme. Enjoy the up and coming bonds collapse as boomers wish they were holding bitcoin.

>>2725716
>21 trillion is a lot!! there's no way people will diversify their collapsing stocks, bonds, gold and everything else into the ultimate asset

>100 billion is too much money

Once BTC has a trillon+ marketcap you'll kill yourself