/biz/ - Business & Finance

>normie friends
that makes you one of them, nigger

>wtf bro you cant just use the words im using

>>26785700
new terms are needed. how about erection for when price goes up and vagina for when the price goes up and down.

>>26785767
it's not about them using it. it's about them OVER USING it and acting like they're quirky and unique

>>26785744
I'm sorry that i'm good at hiding my power level

>>26785700
normies have the memory of fucking trout and will lose interest as soon as the next trendy thing catches on

>>26785899
My friends are not normie and they'll still forget. None of them know about crypto still despite more than one of them being NEETs that live on their computer. Imagine spending most of your life playing WOW and NOT doing crypto. Pathetic.

>>26786020
they deserve nothing. not even our pity.

>>26785700
>muh sekret club

kys faggot

That's what happens when they start to do the "cool things" ruining everything.

>>26785767
>wtf bro you cant just use the words im using

this but unironically

>>26786200
I am a victim of cultural appropriation

The term moon came from btc-e chat box back when charlie lee would post there..
Or at least that is the first time i saw it.
maybe the bitcointalk.org alt forums used it first
don't know
anyway it ain't a /biz/ original meme

>>26785700
It's a bubble. 100%.
There's a thread up right now where all these people who just opened their accounts yesterday to fomo gme are asking how they can day trade for a living.
Big fucking bubble, whole market. Robinhood, cash app, commission wars, fractional share availability, covid volatility were the catalysts.
Here's another signal: no one believes this is even possible.

not to mention that the terms 'moon' and anything else will now forever be a thing reddit made. despite that not being the case at all. If you use these terms normies will go WOWWW DUDE U GO ON R/WALLSTREETBETS TOO?!?!?!

I FUCKIG HATE REDDIT I FUCKING HATE NORMIES FUCK OFF

You are the same as them thob

>>26786522
I am not

>>26786200
This. Who gives a fuck

>>26786440
>Robinhood, cash app, commission wars, fractional share availability,
Oy vey, looks like the market needs some (((regulations.)))
Can’t have the goyim owning any fractional shares now.

>>26785700
it's just a standard sign of bubbles about to pop.

it happened like this often often over the past 300 years, always when retards begin to think of stocks as easy money - you normally sell at this point

>>26786693
The problem is that when a bunch of inexperienced people enter a market they tend to create bubbles. Case in point, like five different stocks today. This has been studied and replicated in laboratory settings.

>>26786446
That's just part of life and growing up. People who used Usenet and BBS back in the 80s probably hated those retarded kids on newgrounds laughing at shitty flash animations in the 2000s.

>>26785700
everyone has to feel special :-)

And think about doing swastikas in habo hotel. Isn't that kinda cringe looking back at it?

>>26785858
> I hide my power level
Translation:
> I'm not comfortable being who I really am in front of the people I actually and literally consider to be my friends.
You're unironically pathetic; no one is saying you MUST be a social outcast recluse, but jesus fuck nigger-fagget, have some self-respect.

>>26786783
Here's another sign. Institutions are deleveraging at record pace. Market inflows? Still rising. Guess who's buying their volume. You guessed it. Retail.

>>26787262
This
>>26785700
You reap what you sow normalfaggot
Leave bitch

SHUT UP AND DANCE MOON BROS
https://www.youtube.com/watch?v=1AUGmiDMud4

>>26785700
You obviously can't fathom what's happening right now, you fucking retard.

>>26787262
>>26787392
I simply have 2 sides to myself. The internet cool hip guy, and the normal, well adjusted side. Both are unrelated. No "hiding who i really am" shenanigans going on. I simply have 2 different aspects of my life i like to keep separate. Keep coping FAGGOT

>>26785700
Hype is good.

>>26786783
>>26787339
funniest thing is, as inherent to the capitalist system, in the end its always the whales who end up with all the money =)

>>26787600
>I simply have 2 sides to myself. The internet cool hip guy, and the normal, well adjusted side. Both are unrelated. No "hiding who i really am" shenanigans going on. I simply have 2 different aspects of my life i like to keep separate. Keep coping FAGGOT

>>26786522
I AM NOT A NUMBER

>>26787772
Is left or right the GAMER investor?

>>26787772
this is literally me

>>26787339
>>26786783
Should I exit crypto too?

Yes, it's very easy to get crowds riled up and recruited as foot soldiers for some cause and using retarded lingo they've never hood before. It's all a spectacle. Remember last summer? Ah nevermind.

>>26785700
yes, i miss this board pre GME

>>26787575
>multibillion dollar financial cascade over used videogames and memes

>>26788060
you should've exited crypto somwhere around the end of december if you ask me

>>26788192
implying this board was less of a retard pit before GME

>>26787600
if you're over the age of 18 you're a loser

>>26788060
We don't know how crypto performs in actual meltdowns because it has yet to exist during one. Last time was 2008.
From what I can tell bitcoin is somewhat correlated with equities, and most cryptos are correlated with bitcoin. We see similarities in their movements during periods of high volatility. But the effect sizes are different, in terms of risk adjusted return, crypto (btc at least) has not been bad over the past ten years. Especially if most of your portfolio is just cash.
Orange line is SP500.
Personally I am going to hold on to my cryptos because I have a long fundamental thesis. But I exited stocks three weeks ago.

>>26785700
It's just a thing that's happening. Just ride it out and enjoy the shitshow, then we'll be back to normal once shit hits the fan.

>>26787076
Neh I’d go do that shit right now if we still could.

Also, thoughts about the correlation, similar crowd of people who have pushing stocks ever higher are pushing crypto higher. And it is just as easy and available to inexperienced investors as stocks are via robinhood, cashapp, coinbase, gemini. The only thing it really has going for it is that it's more expensive to trade and move than stocks.

>>26788746
>exited stocks right before the mania buy everything fuck the fundamentals phase.

Well, your loss I guess.

>>26787600
TWO WOLVES

>>26789102
It's a chronic condition. I sold bitcoin at $16k in 2017 too.

>>26787575
copy that

>>26788737
as a general rule, yes.