/biz/ - Business & Finance

>>52741879
Ye, We are in Weimar republic 2.0 Globalist edition.
You will be able to buy a mom and daughter for a meal, in 5 years.

>>29401603
>Most of us that are invested in XMR are oldfags and already experienced the same talk with BTC 10 years ago. Ancaps are always right.

I'm fully aware. I've been in this since 2013. I remember the big btc block size shitstorm and how it went down and how all the oldfags basically ditched to ETH/XMR/BCH.

>roger ver is a fertilizer terrorist therefore small blocks are best!!!!

But unlike a lot of people here, I have lost most of my faith in markets to function rationally or even properly. It is entirely unsurprising that XMR, being chock full of old crypto people, libertarians and ancaps, would also be full of people who place outsized faith in markets to stick to fundamentals and get things right.

I think you guys are wrong, you haven't learned that markets aren't infallible. Even over long enough timescales, markets are simply groups of people, who sometimes fuck shit up. I am definitely looking at changing my strategy from one based almost purely on fundamentals of of technology, to one more cognizant of what hypebeasts are pushing and can I extract a chunk of this pump? That's just the raw reality of where the market is now, I don't see how anyone can challenge that. And worse, I see no real indicators of this changing. We are just as dependent on the pump of the week now in 2021 as we were in fucking 2017.

Again, markets can stay irrational longer than XMR can stay relevant.

>>29192341
I hope you make millions too anon and use it to become dictator of New Afrika

Price in a year bros?

Need explanations why as well if you wouldn't mind.