/biz/ - Business & Finance

Why do retards keep unironically saying the crypto boom is over? It's far from over. There is so much blockchain tech that hasn't been released yet. This will literally revolutionize the way so many things are done in this world. Finance, medical records, voting, almost anything has the potential to be converted to the blockchain. We have barely seen the beginning of this. Think about where technology will be in 10 years, then think if you still believe the boom is over.

>b-but Katy Perry knows about it
>C-CNBC reports on it

Who gives a fuck? This shit is going to blow the fuck up over the next few years. Bitcoin was the first taste and the mainstream is just now starting to talk more about it. Soon, as you see actual uses go live, you'll always see the literal shit and scam coins diminish. The real use cases will rise above and become the standard.

>>7553609
You’re actually a TA analysis.

You’re performing Analysis on Trend Analysists.

You, much like them, are retarded.

TA = “Trend Analysis”

For what it’s worth, most crypto TA traders, especially on /biz/, I assume have probably never had $100k post tax in their banks.

New money memeliners calling oldschool crypto heads dumb for hodling itt

Your primary source of income is probably memelines. Learn how to read whitepapers and get in early.

Good job on your gamble gains tho. SS this post and reference it when your retarded greedy ass gets liquidated in a bad call.

When a memelining TArd tells you his calls are right 75% of the time, you can attribute 25% of it to cognitive dissonance.

TArds eternally BTFO and ran by #hodlgang

Bitcoin will hit 0 for TA fags because they don’t have any Bitcoin.

I don't have any FIAT left, but for those of you who do, just fucking buy BTC right now and thank me in 4 months - 2 years.

>>7325174
I'm not going to sign you up for shit soyboy. I'm just telling everyone here that there is a reason for the fud and fomo and its only partly people venting. There are people at the top who hire ppl, pajeets (cheap) and not retarded western individuals (not cheap, but more effective) alike to do their bidding in this shithole, because the sentiment here has an effect on the sentiment on Reddit and so it goes, trickling down all the way to their pockets.

>>7280498
I hope you lose everything anon, I really do.

Could the HODL mentality be bad for crypto in the long run, and create crashes much larger in scale than they otherwise would be?

Let me explain. If many people adopt the HODL strategy, even through substantial dips, then the amount of the coin supply which is actively traded represents only a small percentage of the actual supply. Therefore, it takes proportionately fewer coins to swing the price drastically.

For example, If 90% of the coins were being held and not traded, it would only take 1-2% of the supply being sold to cause a massive crash in price.

Thoughts?

>>7206936
Are you trying to be dislikable? You make dumb attention whoring threads all the time, then you try to get newfags tp pay you to join a pump and dump group where they'll be the ones who get fucked. You're just another shill and scammer, go away.

At your age I was where you are. At 27 I went to college and powered through my bachelors for almost 6 years. I got a good job, bought a nice house, have enough money to buy whatever I want within reason. Treating my depressing and getting my alcohol/drug abuse under control was key. You can do it anon. I know you can because I did it. Don't give up on yourself, you're worth more than that.

Suppose /pol/ wins. Suppose their vision for the future comes to pass.

What do you think you would have to lose with /pol/ winning? Something tells me /biz/ might have a better answer to this question than others have.

ITT we discuss: hidden gems for >1 year investment.

Criteria:
Under 500M cap.
Must have >10 -paid- employees.
Employees must include engineers/PhD's relevant industry experience. No basement coders.
Product must not have major competition and must solve a real world problem.
Token must be utilitarian, no currencies.
Must meaningful have backing/partnerships.

ITT, we discuss the best holds for 1, 5, and 10 year time frames.

1 year:
ICX
QSP
ETH

5 year:
VET
OMG
XLM

10 year
XRP
IOTA

Anytime you see these massive bot and discord FUD shills, you know the price is going up soon.

Slowly accumulate 100BTC of LINK and then when volume dies down fucking market sell your entire stack just for the lulz

>>6797737
A lot of us are older women and stay-at-home moms. Who else would have time time to do this in the middle of the day?

https://www.youtube.com/watch?v=XfJUaXHuNBI

https://www.youtube.com/watch?v=XfJUaXHuNBI

>>6769071
If that happens, we'll have bigger problems anyway.

>>6767705
all markets consist of endless fractals.

>>6738318
>what?
You can't cash out without buying first. He's buying so that once the market drops he can dump the rest of his coins and pocket the difference.

People don't care right now. There are a lot of good buys coming from the dip, and SingularityNet is likely pumped to hell after it's overhyped ICO. Let it drop, then we'll talk.

>>6626449
It's people who sold at the bottom and who now think that spamming /biz/ with AAA's will somehow have an effect ont he market and they'll be able to get their coins back, only to sell them again when they take too long to rise, then repeat everything again. They're the worst.

I keep seeing "buy high and sell low" being used here and at first I thought it was serious. However I started seeing a lot of brainlet memes posted with it. Now I'm pretty high up in the social dominance hierarchy so I am not a stranger to ironic meme humour. I can easily tell these brainlet memes are mocking those who "buy high and sell low" but what's wrong with that?

If something is high why not buy it? High means it's full of money, wouldn't you want to buy money'ed investments? And low means it doesn't have a lot of investments, wouldn't you want to sell those to get rid of them? Makes sense to me.