/biz/ - Business & Finance

Anons, permit me to explain something to you in terms so simple even a four year old could understand it.

Crypto, is going to zero. It is going to ZERO. Now, why would it go to zero?

Because where does the money come from? Literally where? Lots of people have bought crypto, they all expect to be able to at some point cash out their real, actual money, right? How can they possibly make that money out of nothing?

How is it a "hedge against inflation"? Money goes in = money comes out, where is all the extra money from inflation? How could it possibly work, even in theory? Is money going to be made from nothing? Even if it has case use and is useful so what? How is that going to create money where it wasn't before?

What about all the crypto exchanges, transfer fees on dexes, processing speed needed, all of those need big money to run.

>muh house and lambo bought from crypto

Great but where is it coming from? It's all coming from other people. So you're basically playing a gambling game, maybe you would even prefer to say it's a game that takes skill (the lamest game I've ever known). But what comes out has to equal what goes in.

Sooner or later, crypto will go to zero, literally zero. Nobody's going to be satisfied with letting it stagnate, they will eventually take out their money, leading to snowball effects, and it will all go to ZERO. ZERO!

Doesn't "Delegation" sound like a feature custom designed for a ponzi scam?

That way the scammers can keep the whole thing going. Rubes can "delegate" and lock up their magic bean tokens for a period of time, in order to make other magic beans. This prevents the rubes from cashing out all their magic beans at the same time and means that the scammer can keep the ponzi going even longer.

I warned you about LINK at 19.40. I told you DeFi is pure shit and it was going to crash. And that hasn't happened, yet.

I'm giving you now the date of the world economic reset. The date is 4th of January 2021.

Expect a huge dump, I'm talking about 70% to 80%. Only Bitcoin will survive. Everything else will crash between 90% and 99%.

Good luck.

What do you think of this anons?
https://aurus.io/
Any constructive feedback would be appreciated.

Does PNK actually have legit tokenomics?

>>16432141
huh never realized where the word ponzi came from

apparently he couldn't even afford a lawyer for his court case, lost, and after serving years in prison got deported back to Italy.
eventually his health got really bad and he died a blind and destitute man.

How is crypto not a ponzi scheme exactly?

>>15095627
>and now I warn ye on not investing in LIT whilst its still microcapped

Translation: "I did neither of those first two things, but please buy my heaviest loss because I have convinced myself it has to pump due to how much it has dumped"

>>13516486
Why would Satoshi literally the king of own your own money decentralized currency put his private keys in a blind trust?
It makes zero sense.

>>13418707
>when we first shilled it

You cannot stop putting your foot into your mouth can you. Why would any self respecting Anon buy anything from a self proclaimed shill group?
You need to learn to be subtle and not argue with everyone that participates in your pajeet tier threads.
Enjoy the continued dump faggot. You will never be in the green again.

>>12478721
Mix of property/cash/gold until their is some kind of confirmation on BTC or until the biggest exchanges start dropping BTC pairs due to continued devaluation.
Suicide stacks are just never really worth liquidating unless they moonshot.
CBOE and CME cannot make paper futures for all these shitcoins.

>>12344891
They blew up with a referral program that was working. Then instead of scaling it back a little bit they completely murdered it and shit on all of their traders.

They simply could not grow, now they are essentially shitcoin hospice with zero volume and sad desperate competitions.

>>11989097
You are replying to bots

>>11904368
It's not, it is a ponzi. So is every leveraged and derived market on earth.
Everything is fine and dandy as long as people are not selling and are comfy with their imaginary gains.

>>11637264
>Just eat losses on a shitcoin that is being pumped and sumped into the ground so the founders can move on when every cent is extracted to do it on another one

When you realize that BTC is only worth what it is because all of it's transaction volume happens off chain on exchanges due to it being a trading pair, you realize how worthless BCH is. From a tech perspective it does nothing special and does transactions much worse than other new tech.

>>11552889
A fucking reason to buy this trash, good luck with your "moon mission" looks like another muh better eth.

This board is for dumping your shitbags on normies, not for solid investment advice.

Pls delete

>>11003430
>vis-a-vi
you get a word of the month calendar there boomer?

>>9839928
Please do tell me how Bitcoin is better than 0xBTC I would love to hear your argument.

>>9811958
As someone who holds this coin and believe in its future I would like to know why.

MY face when i'm laying in bed and realize companies are using ICO's to maintain there ponzis in the crypto verse.
When I realize that Minable ERC20 Tokens will easily pull those ponzis down.
When I realize that the ponzis don't want this.
We are on the precipice of change in the whole crypto space and it's for the better.

>>9795454
Please tell me why.

>>9794416
Great, so it is better than BTC, you just explained every alt coin. Not a high bar to hop over.

The miners need to convince the market that it has value in order to keep the price in check with the hash rate. This is different than BTC because BTC derives value now not from the hashpower , but from being a trading pair like the US petrodollar.

How are they planning to convince people this has value ?

If they cannot do that it will just be a mine coin of the month for people operating big rigs.

>>9642342
Ok