/biz/ - Business & Finance

>>16439595
>Diversity is for people who don’t know what they’re doing

So now we have established it really is cryptospeculativeassetwithnofundamentalsorscarcity. Again this is all fine, but the question is how much it should be worth? For crypto to hit 10-20 trillion, which was required to make a 10x/20x January, how many of you knew what that really meant? At $15 trillion, crypto would be as big as all real estate in the United States. At $20 trillion, it would be as big as the entire US stock exchange, housing nearly all of the largest multinational companies in the world. If you had 20 trillion dollars, would you buy almost all the big companies in the world, generating trillions in profits and dividends or all of the real estate in the US, generating trillions in rental income, or buy crypto?

It was obviously a bubble even at $1 trillion, which it nearly hit. But you got greedy, inside your little mind, the delusion kept going. Digital Gold! Despite all the gold in the world being worth $7 trillion and having 5,000+ years of usage. And now you won’t let the delusion go, it is too painful and obvious in retrospect. So you’ll convince yourself it will come back anyday now, and baghold to zero.

So now we have established it really is cryptospeculativeassetwithnofundamentalsorscarcity. Again this is all fine, but the question is how much it should be worth? For crypto to hit 10-20 trillion, which was required to make a 10x/20x January, how many of you knew what that really meant? At $15 trillion, crypto would be as big as all real estate in the United States. At $20 trillion, it would be as big as the entire US stock exchange, housing nearly all of the largest multinational companies in the world. If you had 20 trillion dollars, would you buy almost all the big companies in the world, generating trillions in profits and dividends or all of the real estate in the US, generating trillions in rental income, or buy crypto?

It was obviously a bubble even at $1 trillion, which it nearly hit. But you got greedy, inside your little mind, the delusion kept going. Digital Gold! Despite all the gold in the world being worth $7 trillion and having 5,000+ years of usage. And now you won’t let the delusion go, it is too painful and obvious in retrospect. So you’ll convince yourself it will come back anyday now, and baghold to zero.

Stocks and wait 10 years there is no free lunch

>>10692461

I trade options and worked for hedge funds. Derivatives have value because they are time based premiums for the creation of synthetic fixed income. Crypto is just glorified data packets. HTTP and TCP/IP protocols are not worth billions or even millions of dollars

So now we have established it really is cryptospeculativeassetwithnofundamentalsorscarcity. Again this is all fine, but the question is how much it should be worth? For crypto to hit 10-20 trillion, which was required to make a 10x/20x January, how many of you knew what that really meant? At $15 trillion, crypto would be as big as all real estate in the United States. At $20 trillion, it would be as big as the entire US stock exchange, housing nearly all of the largest multinational companies in the world. If you had 20 trillion dollars, would you buy almost all the big companies in the world, generating trillions in profits and dividends or all of the real estate in the US, generating trillions in rental income, or buy crypto?

It was obviously a bubble even at $1 trillion, which it nearly hit. But you got greedy, inside your little mind, the delusion kept going. Digital Gold! Despite all the gold in the world being worth $7 trillion and having 5,000+ years of usage. And now you won’t let the delusion go, it is too painful and obvious in retrospect. So you’ll convince yourself it will come back anyday now, and baghold to zero.