/biz/ - Business & Finance

>>53308352
>openAI

NOT A SINGLE
FUCKING POST
IN THIS STUPID
FUCKING THREAD
IS ABOUT THE FUCKING
TOPIC YOU STUPID
FUCKING INCELS JUST
HAVE SEX AND SHUT THE
FUCK UP

The answer is to purchase Microsoft stock.

Absolute sack of centralised shit

>21 node operators

>>28883526

>i..i...it'll r-release t-this year guys I swear

>>23531156
>Ethereum and Link offer actual utility value (smart contracts)

This is very funny and I laugh at the unquestioning vapidity of people who say "smart contract" and just let other people fill in the details as to what that should mean and what the value should be. The mistake here is that "smart" is a misnomer. A contract, as we have known them for many hundreds of years, is already smart because it can often require the work of a solicitor or barrister to argue for or against the individual clauses of a contract; contract wording requires interpretation and that can require some of the highest order thinking. It is therefore smart.

A contract on Ethereum, then, isn't smart. It is a dumb contract. It is dumb in the sense that it executes itself, whether it has been audited and validated or not. And for that reason, you get fraud, after hack, after loss, after gimmick, after scam and essentially fuck all in-between.

And for what reason would anybody need to run computer programs in a decentralised way? What the fuck is the point? I can understand a currency being decentralised; that is completely intuitive and innovative, but running programs is useless as it is so insanely inefficient. Anything you could run on Ethereum you can run on AWS and it will be cheaper, faster and more secure, therefore resolving the trilema and revealing Ethereum to be completely and I mean COMPLETELY redundant. Just because something can work doesn't mean it has value, much like a kettle connected to a dynamo on an exercise bike would work. Ethereum is a fucking joke.

Imagine thinking crypto is anything other than another symptom that we've reached a long term top in all markets

Literally useless digital tokens valued in the billions, no hope of adoption for anything other than speculation, it's one big game of musical chairs and you're the dumbasses who think this is the future despite the fact that there's no more idiots to pass your bags on to.

It is time to drain the swamp.

>>23292544

Well I was wondering what the catalyst would be for the market collapse and it looks like we've found it. Of course, how could I have not seen this? Burgerland, where employees have effectively fuck all rights and zero statutory leave, will be sending everybody back to the office right in time for the second great wave of covid, it will be like throwing gas on the bonfire. This is going to be simply amazing. No amount of QE will be able to wallpaper over the cracks in the wall while the covid sledgehammer is beating away on the other side.

Holy fuck yes, prepare for the real black friday sometime after Christmas.

Crypto, SP500, everything is gonna get fucked.

>>23025700
>Price will skyrocket sooner than later.

No evidence this will happen. Cope.

>Halving has occurred and btc created are half of previous year.

The halving is also half as effective as it represents a smaller difference to supply. Also this is priced in this time. Cope.

>If btc continues with low prices,

These are historically incredibly high prices.

>when a big mass wants to buy

Who? The last time I heard everybody wanted to buy was at work in 2018 when every pleb who never discussed stocks or gold or any other business ideas was suddenly larping about being some big time investor. They all got wiped out. Who is the new wave of dumb money in this scenario? Everybody knows about this shit and everybody knows it has moved in bubbles. Everybody thinks they're going to time it and everybody thinks they're going to be the ones this time to make money. IT'S NEVER GOING TO HAPPEN. Cope.

>Has happened before, and will happen again.

Ah yes, who can forget this golden rule of finance?

>Fomo will hit because human is greedy

Almost, what you mean to say is that you are greedy and think that you're also smart, but unfortunately you are simply the dumb money.

The reason why people got rich with Bitcoin was due to the unfamiliarity of crypto and the risk. Who knew what the fuck was going to happen to the price in 2015 when the hash rate was breaking 51% and nobody could decide how big the blocks should be? When Mike Hearn told everybody it was dead and to sell everything. When Peter Todd said to sell everything. When Emin Gun Sirer said to sell everything. The people who made money ignored the advice of the people who are central to the space and risked it all on something which at the time was difficult to understand, hard to use and completely untested.

Years have passed, everybody's fucking heard about it, everybody knows it moves in bubbles, everybody knows about the halvings, everybody expects to make money from it.

5k-30k forever.

>>21457277

There are people who are millionaires right now who will hold this shit back down to the point where they will need to keep working their shitty day job for the rest of their lives.

It happens every time.

Just imagine that person is on this board right now thinking they're made and they're only going to be getting even more made. But their imagined future is going to be wiped out because they cannot just take a profit like that.

It's a certain kind of psychological bias. They think Link is special, like this was destiny. It isn't. So many of them are going to get wiped out and it's all about to crumble through their fingers.

>>21176699
>Ethereum Classic (ETC)

I am rubbing my hands at this to the point that I am seriously questioning whether there might be a few rosenbergs in my family tree

I'm now 85% cash and waiting for prices to tank, yes yes goyim, join in the protests, fucking hell it was them all along wasn't it, it's absolute genius, that's why Soros does this shit, he waits until the most fragile moment and then strikes with his social justice drones who are the perfect useful idiots to fuel his disaster capitalism plans, it was exactly what he was doing in WW2, he just scaled it up, finally I understand.

J0E007:

>Rally? Really?

>The proper name for this type of rally is “pump”. Followed by a dump, duh…

So, are you going to trade with the 2018 top buying roasties and 14 year olds who think that this is their ticket to get rich, or are you going to side with one of the biggest, most profitable traders in crypto?

See you at 4k.

J0E007 SENDS A FUCKING MESSAGE MOTHERFUCKERS

PRODUCTION COST NOW $14000

PRICE IS 8500

MINERS ARE ABOUT TO GET FUCKED HARD

SEE YOU AT 3K