/biz/ - Business & Finance

>>57510324
This only proves that Americans are fucking stupid. Joe Biden being more unpopular than Bush 2 is just Americans forgetting how fucking horrible of a presidency that was. That dipshit got the US into two unwinnable wars and oversaw the worst financial crises since the Great Depression.
>hurr you probably think Trump is worse!!

Trump was a largely ineffectual president and will be remembered much more for his meme culture than any actual policy or decision making. He will probably go down as a low-middle tier president.

>>57455930
OP is a faggot boot licker. Non union members got laid off
>youre such a good boy anon
>thank you mr sheckelstein, id never join a union!
>by the way you're fired get the fuck out
>b-but I was loyal!!!!

I only invest in VTSAX and FZROX

>>55942086
I don't even bother responding seriously to these threads anymore, there's no actual discussion happening in these threads.
They are however a peek into /biz/'s past, back when most threads were still Bitcoiners shitting on Ethereum.

Now, many years later, the ETH ratio continues to be in a macro uptrend against BTC.
BTC Maxi's love pointing to the 2017 top on the ratio and scream "lower high!!" while they conveniently ignore how the ratio has not crashed at all during this whole bear market. On top of that BTC Dominance has failed to perform this bear-cycle.

It is clear 99% of the market is absolute bullshit, but thinking ETH is among that shit signals complete retardation of the brain.
The majority of the people talking publicly about crypto who used to only talk about BTC have now added ETH to their routines, maxi's are a dying breed and Ethereum is here to stay.
It has proven itself this last cycle, as it is up +262% against BTC over the last FOUR YEARS.

Now watch some BTC maxi reply to this post with a meme picture of Vitalik in addition to some stupid (untrue) BTC maxi one-liner talking point. Watch how they seethe and cope, while ETH holders continue to outperform BTC in the long run.

The world is not in agreement with the BTC maxi's. Digital money is useless without a robust digital financial ecosystem, which Bitcoin cannot provide.
The only way to use BTC is through custodial services or hacked on semi-decentralized DeFi solutions, like the ones that were shilled by their BTC Maxi influencers. Yes the services that scammed everyone because CUSTODY.

Ethereum is needed to ACTUALLY move towards a decentralized future, as it provides the coin AND the rails it moves on.

I'm not writing this for the BTC maxi's, but the onlookers lurking. You KNOW which coin has the biggest growth potential, and it's not Bitcoin. Gold market cap as goal, 12 trillion? That's peanuts.

Ethereum has the potential to be the internet of money. Hundreds of trillions

>>55449460

ETH is going to $14K, so yes you will be a millionaire if you cash out near the top.

Will you be cashing out near the top? No.

Will you be a millionaire? No.

And even if, what happens after escaping six figure hell?
You enter 7 figure hell which is even more excruciating. 8 is where it's at. At 7 you can step out of the game, buy a house and some cool shit maybe but then you're back at 0.

8 figures is where the true freedom is at.

Price predicttions Tuesday night?

how long did it take until you became a profitable trader

>>53570679
Shut the fuck up newfag
This a frog board

>>52719589
Yeah but most of the advice is pretty bad
Bill Gates is one of the most racists people ever
Way more racists than you idiots here
This guy got caught having formaldehyde into wells in Africa
He dumped billions of dollars in vaccines that were banned in America for being unsafe
He’s been accused of giving women in Africa aids

Bill Gates racism makes all of you look like chuds and his daughter still wants nignogs
The girls who date black guys almost always have racist fathers or no fathers
It’s the taboo that makes fucking a monkey attractive

That plus the media is constantly pushing it on them

If you have a daughter in modern America, she’s mostly likely taking black cock

People always say if they had a time machine they would go back in time and buy a bunch of Bitcoin in 2013. Same could be said for Chainlink or Ethereum in 2017. Of course, hindsight is 20/20. My question is, what do you think will be the the thing everyone would buy if they had a time machine and could come back to TODAY?

"I wish I had bought ___ in 2022, I'd never have to work again". What do you think it is?

It doesn't necessarily have to be crypto, but what is being created that would be the opportunity to get rich in 3, 5, 8 years?

>>51576504

>>51505517
Ethmaxi here.

Actually what's hilarious is that Bitcoin maxi's can only talk about Ethereum. It's literally living rent free in their heads 24/7.
Meanwhile ETH is up 6400% versus BTC since 2015.

COPE. COPE. COPE.

ETH outperforms during bull markets
>but BTC outperforms during bear markets when people return to quality! MUH STORE OF VALUE
ETH outperforms during bear markets
>noooooooooo ETH is a scaaaaaam
ETH actually Merges after years of Bitcoin maxi's saying it would never happen
>noooooooooooooo ETH is a scaaaaaam

It never ends. Get rekt, keep coping. Meanwhile I'm up 6400% against your bags. Get fucked.

>>51444857
>implying the land miners are based on isn't controlled by governments
>implying wasteful PoW won't be banned in the future when ESG narratives inevitably take a hold of politics
>implying you can't be decentralized under PoS
>implying having to buy thousands of expensive miners and land to house them on is more fair and decentralized than people being able to spin up an ETH node on a normal computer with internet access.
>implying the immense waste of securing Bitcoin's decentralization is actually worth the 0 fucking use case it has
>implying people actually use Bitcoin at all versus the reality of them all just holding their coins on exchanges BECAUSE THERE'S NOTHING TO DO WITH IT
>implying Bitcoin can function on it's own without DeFi and isn't totally dependent on Centralized exchanges to be useful

Go back to sleep Bitcoin boomer. You've been asleep at the wheel since the blocksize wars ages ago.

This thread is hilarious. BTC boomers in disbelief.

>"If the entire world runs on Ethereum then forking away from a 51% attempt is unacceptable!!"

First: if the entire world is running on Ethereum, it already won. And Bitcoin is dead.

Second: ever heard of slashing? You can only attack Ethereum once, then you get slashed by the network and you have to buy a majority AGAIN.
Unlike Bitcoin where you only need to collude hash power once and then you're forever in control without ANY OPTIONS for the community to take back control. Unless they fork, but Bitcoin can't fork or its meme will die.

The Bitcoin meme is dead, it failed at literally every pivot.
Muh internet money, muh digital gold, muh inflation hedge, muh it never revisits last cycle's ATH, muh ligntning network adoption. Muh Stock2flow KEK

Bitcoin is slow, inefficient, boring, no yield, no innovation, the list goes on.
In a world of tech where things continuously change and improve Bitcoin is literally stuck in a conservative hellscape of being afraid of change.

The ETH/BTC ratio is up +6500% (!!) against Bitcoin since the birth of Ethereum, and is today still in a very healthy uptrend that has been going for 3 years.

All smart Bitcoin maxis have long converted and left while Bitcoin itself is just stuck with conservative mouthbreathers who can only talk about third world shitholes 'adopting' Bitcoin, volcanoes and Bitcoin being regulatory friendly.
A total torching of the original Bitcoin ethos. The only thing left is shouting "just stack and hodl!!" to each other, SINCE THERE'S NOTHING TO DO in Bitcoin land.

So fucking sad. And if you dare have critique on the way things are going you are excommunicated by the cyber hornets, just like in any other cult.

Bitcoin is dying. It started during the blocksize wars many years ago, but now it's starting to show through on the charts too.

Ethereum is the future. Embrace it or die off, like the boomers.

Fiat ramps are running the best scam. All you need to do is convert crypto to fiat and back for a 1.5 percent fee. If crypto goes down, you make money on people selling out. If crypto goes up, you make money on people FOMOing in. People are legally obligated to use your service. It's the only way to cash out. The overhead for the business is minimal, just a couple of support staff.

Is it true that getting rich is the hardest thing to do in life?

>>50384448
I knew all bobos were Jewish Soros worshippers

What price are you buying back in at?

I'm getting November 2018 vibes.

Would you rather have 1m right now or 100k passive for the rest of your life?